Most Seniors Haven’t Heard About This New IRS Rule — Big Mistake!
Автор: Seniors Finance Hub
Загружено: 2026-02-03
Просмотров: 980
Описание: Most seniors are completely unaware of a new IRS rule for seniors that could legally protect thousands of dollars in retirement income, and missing it could be a costly mistake. This video breaks down the senior bonus deduction, a powerful and time-limited tax deduction for people over 65 that can significantly reduce federal taxes on retirement income from Social Security, pensions, IRAs, and part-time work. You’ll learn who qualifies, how the income phase-out rules work, how this deduction stacks with the standard deduction, and exactly how to claim it on your tax return using IRS Form 1040-SR. With this IRS tax change for seniors only available for a short window, understanding it now could mean keeping more of your hard-earned money instead of sending it to the government. Watch carefully if you’re planning retirement withdrawals, managing fixed income, or looking for legitimate tax savings for seniors without risky strategies. #irsrules #seniortaxes #retirementtaxes #taxdeductions #socialsecuritytaxes #over65 #retirementplanning #irsupdates #taxsavings #seniorbenefits
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