High earners are not eligible to claim the new $6,000 senior tax deduction. Single filers must have annual incomes under $75,000 to claim the full deduction, while married couples must have incomes ...

Georgia and several other Republican states consider ending their income taxes, aiming to help their economies and fend off ...

The Iowa Lottery offers several draw games for those aiming to win big with rewards ranging from $1,000 to millions. The most an Iowan has ever won from playing the lottery was $343 million in 2018 ...

Saturday at Carver-Hawkeye Arena was supposed to see the Iowa Hawkeyes compete with a top team in the Big Ten, the Purdue Boilermakers. Unfortunately, things didn't pan out that way, and the Hawkeyes ...

The new senior tax deduction is worth up to $6,000 for single adults and $12,000 for married couples. This reduces your taxable income for the year, potentially resulting in greater tax savings. It's ...

Need a news break? Check out the all new PLAY hub with puzzles, games and more! Watch college basketball all season long on Fubo! Our team of savvy editors independently handpicks all recommendations.

Elizabeth Guevara is a personal finance reporter who explains the world of business and economics and how it impacts your finances. She joined Investopedia in 2024. eggeeggjiew / Getty Images A new ...

If you’re over 65 and preparing your 2025 taxes, a supersized new deduction lets you claim an additional $6,000 as a standard deduction. The deduction, provided by the Big Beautiful Bill, counts per ...

A new deduction for the 2026 tax season is available that could mean no taxes on Social Security for seniors 65 and older. A provision of the "big, beautiful bill" implementing most of President ...

There are several changes for 2025 tax returns, including new deductions for seniors, tips and overtime. There is also a higher standard deduction, because of the One Big Beautiful Bill. Some ...

A bigger standard deduction, changes in the itemizing rules and new temporary deductions all complicate the decision. Here’s how to choose the option that’s best for you. When it comes to federal ...