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does the software reflect the new senior discount of $6000?

 
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3 Replies

does the software reflect the new senior discount of $6000?

No.   The current 2024 software has not been re-written for any of the newly passed tax law changes.   The 2025 software that becomes available in mid to late November will include the new tax changes, but will require many updates in the early tax season.

 

If you are trying to use 2024 software for a 2025 estimate, you can try some "work arounds" like excluding $6000 of income in the amounts you enter.

 

 

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

does the software reflect the new senior discount of $6000?

what if I increase my deductions by $6000? Will that do the same thing? thx

 

does the software reflect the new senior discount of $6000?

You can do a "work around" for the $6000 deduction for people 65 or older by just entering $6000 less income.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

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