Hello! My name is Swapna & I'm an Enrolled Agent & a Tax expert at Intuit. I've been a Texas resident for past 18 years. I love doing taxes & helping any way I can!!
Unfortunately, no. The IRS rules on charitable deductions are based on the date the donation is made. To get a tax benefit for a donation, you must claim it in ...
Yes, you will be eligible for the senior bonus deduction when you file your 2028 tax return in 2029.
The law specifies that to qualify for the deduction, you mu...
Yes, you are correct that the key changes for non-itemizers, including the new "above-the-line" charitable deduction, do not take effect until the 2026 tax year...
The 2025 Social Security Benefits Worksheet (used to calculate the taxable portion of Social Security benefits on Form 1040)hasnot changed in its core structure...
The "One Big Beautiful Bill Act" (OBBBA) does not directly change the rules for how Social Security benefits are calculated or paid.
What it does is change how...
