The deduction is designed to help seniors reduce their taxes through 2028. The lowest-income seniors are unlikely to benefit from the deduction. Experts worry about the impact the tax break will have ...

New tax deductions for overtime pay, tips, seniors, and car loan interest don’t disappear immediately when income crosses a ...

Wondering why, maybe, you didn't get any extra refund cash from a new tax deduction for seniors? Or you somehow didn't qualify for other new federal income tax breaks on tips, overtime and car loan ...