IRS: The additional standard deduction for heads of households and single filers aged 65 and over has gone up from $2,000 for ...
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Adjustments to the extra standard deduction can impact the tax bills of millions of older adults. Here are some new amounts ...
For tax year 2026, the IRS says the standard deduction for singles is $16,100, an increase of 2.2% from the current tax year. For heads of household, the standard deduction is $24,150, and for married ...
In Brief The recently enacted H.R. 1, the so-called One Big Beautiful Bill Act (OBBBA), extends many of the provisions of the ...
Each category includes what it covers, why it qualifies as deductible, and any special IRS rules or limits you should know.
Your tax filing status—single, married, or head of household—can affect how much money your employer withholds from your paychecks to cover your estimated taxes.
Welcome to our Dollars & Sense column. While in no way is it formal financial advice, it is a way to stress test your ...
Lecturers in Nigerian universities have become emasculated by the trio of desperation, debts and deaths amid inflation.
Tamil Nadu AAR ruled that ONGC's Minimum Guaranteed Off-take (MGO) charges, levied on GAIL for short-lifting gas, are ...