Restarted student loan repayments resurrect $2,500 interest tax deduction
The $2,500 interest tax deduction is reinstated because repayments have begun. (iStock) For many borrowers, restarting student loan payments isn't easy, but there's one good thing about continuing to make monthly payments. That is the possibility of tax deduction. Now that most student loans are accruing interest again, borrowers can claim a student loan interest […]
What is the extra standard deduction for seniors over 65? A breakdown. – USA TODAY
Corrections and clarifications: An earlier version of this article had an error in the year the IRS used to determine whether you were eligible for the additional tax credit at age 65. This mistake was caused by an error on the IRS's website. A revised version will follow. Last year, seniors felt some relief from […]
Older adults can save on 2023 taxes by claiming an extra deduction. Here's how to do it. – Yahoo Finance
Corrections and clarifications: An earlier version of this article had an error in the year the IRS used to determine whether you were eligible for the additional tax credit at age 65. This mistake was caused by an error on the IRS's website. A revised version will follow. Last year, seniors felt some relief from […]