Turning 65 doesn't just mark a milestone in life, it can also unlock valuable tax savings. The IRS grants seniors an extra ...

The IRS on Friday released a draft of Schedule 1-A (Form 1040), Additional Deductions, which includes sections for calculating four deductions allowed under H.R. 1, P.L. 119-21, commonly known as the ...

Benjamin Franklin coined the saying, “In this world, nothing is certain but death and taxes.” But what about when death and taxes coincide, such as when someone dies during the year and has a tax ...

The nationwide tax filing deadline is just one day away on Tuesday, April 15. If you've left your filing to the last minute and need a refresher, Newsweek has broken down everything you need to know ...

You have only a few days to file your income taxes before the Tax Day 2025 deadline. Here's everything you need to know. When is Tax Day 2025? Tax Day 2025 — the deadline for when you can file for ...

The 1040 tax form is the form taxpayers use for filing federal taxes. It’s also a form that plenty of people have trouble filling out or understanding. In fact, back in 2018, Form 1040 received an ...

In 2023, 161,781,457 taxpayers filed Forms 1040 and 1040-SR, with the number of taxpayers filing these forms projected by the Internal Revenue Service to increase by about 10,000,000 over the next ...

Tax season can be a confusing time for many Americans, especially when it comes to understanding the differences between filing a 1040 and 1040-SR. TRAVERSE CITY, MI ...