The IRS has announced an adjustment to the additional standard deduction for seniors in 2026, aimed at reducing taxable ...
The standard deduction is rising in 2026 by $350, or $700 for couples. The tax brackets are changing slightly as well.
Woman renovating house pulls up carpet, unprepared for what’s underneath ...
Standard tax deductions are increasing across the board, but the news is even better for those 65 years and older.
Pension received from an ex-employer is taxable under the “salaries” head and is eligible for standard deduction ...
IRS: The additional standard deduction for heads of households and single filers aged 65 and over has gone up from $2,000 for ...
Adjustments to the extra standard deduction can impact the tax bills of millions of older adults. Here are some new amounts to know for 2026.
As usual, tax bracket thresholds were raised. Many taxpayers are getting some additional relief beginning this year, though.
The IRS just expanded 2026 tax brackets for inflation while the One Big Beautiful Bill brought permanent changes to ...
The One Big Beautiful Bill raised the standard tax deduction for married couples from $30,000 to $31,500 for tax year 2025, ...
The IRS has released its 2026 tax brackets and other key updates — and most Americans will see slightly larger deductions ...
Food assistance benefit amounts could change next month for thousands of New Mexicans because of new federal requirements for utility deductions. The "One Big Beautiful Bill" passed in July made ...