The IRS on Friday released a draft of Schedule 1-A (Form 1040), a single form that consolidates the calculations of the four ...

Taxpayers face a learning curve for figuring out how key tax deductions in the mega tax bill will work when they file 2025 tax returns next year.

The IRS is rolling out significant tax form changes impacting seniors over 65. These updates aim to ease the financial burden on this demographic by introducing new deduction opportunities.

The Internal Revenue Service (IRS) has released tax form 1040-SR for senior taxpayers, including instructions and printable forms for the years 2023 and 2024 ...

IRS rolls out Schedule 1-A for 2025, adding new deductions for tips, overtime, car loans on U.S.-made vehicles, and enhanced breaks for seniors.

WASHINGTON ? The Internal Revenue Service wants seniors to know about the availability of a new tax form, Form 1040-SR, featuring larger print and a standard deduction chart with a goal of making it ...

As tax season approaches, seniors and retirees are gearing up to file their taxes, and the IRS Form 1040-SR has been designed to cater to their needs. TRAVERSE CITY ...

The Internal Revenue Service (IRS) has introduced the redesigned 1040-SR form for seniors for the 2023 and 2024 tax years. TRAVERSE CITY, MI, US, August 4, 2023 ...