The IRS has unveiled its updated 2026 tax brackets and standard deductions, featuring an additional standard deduction for taxpayers aged 65 and older. This adjustment, designed to counteract ...

The enhanced deduction for seniors applies on 2025 tax returns to adults born before Jan. 2, 1961. If you're 65 or older now, you can claim an additional deduction of up to $6,000 or $125,000 for ...

The IRS began accepting 2025 individual tax returns for processing on Jan. 26. Here’s where to get help with filing, and when you might get your tax refund. The 2025 tax return filing season ...