If you’re 65 or older, you automatically get an extra deduction.
Автор: James Sweasy
Загружено: 2026-01-20
Просмотров: 354
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If you’re 65 or older, you automatically get an extra deduction.
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Social Security can still be taxed up to 85 percent based on income.
The new senior deduction reduces taxable income but doesn’t eliminate the tax.
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This content is for educational and informational purposes only and should not be considered financial, investment, tax, or legal advice. Nothing here constitutes a recommendation or solicitation to buy or sell any security or investment strategy. All investing involves risk, including the possible loss of principal. Past performance is not indicative of future results. Consult a qualified financial professional before making any financial decisions.
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