Senior tax guide: How seniors can claim the new $6,000 deduction while managing Social Security and Medicare benefits
U.S. tax filing season is underway, and millions of Americans aged 65 and older can now take advantage of a new federal tax deduction of up to $6,000. The deduction can help reduce taxable income, particularly for retirees who draw Social Security and manage Medicare costs. Taxpayers aged 65 and older are eligible for a … Read more