For tax year 2025, an individual filer over 65 will be able to deduct up to $23,750 from their income tax return.

For 2025, married couples over 65 filing jointly will also see a modest benefit. The extra deduction per qualifying spouse ...

Tax season in 2026 will look very different for older Americans filing 2025 returns, as a new wave of deductions reshapes how ...

The IRS recently announced some changes to standard deductions and tax brackets. It's important to understand the new tax rules so you don't pay more to the IRS than you need to. In the U.S., ...