The standard deduction is bigger than ever, itemizing rules have changed, and new deductions complicate matters. Here’s how ...
Opinion
The Daily Overview on MSNOpinion
Why the new senior tax deduction may beat any Social Security tax cut
The new senior tax deduction is quietly reshaping retirement math. Instead of tinkering with how Social Security itself is taxed, Congress created a sizable extra write off for older filers that can ...
The Daily Overview on MSN
Standard deduction hits $31,500 for married filers in 2025
The standard deduction is set to climb again for the 2025 tax year, with married couples filing jointly able to shield $31,500 of income from federal income tax. That higher threshold will shape how ...
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