Taxpayers face a learning curve for figuring out how key tax deductions in the mega tax bill will work when they file 2025 tax returns next year.
15hon MSN
IRS Schedule 1-A explained: How to claim tax breaks for tips, overtime, car loans, and seniors
IRS: The IRS is introducing Schedule 1-A for 2025 tax returns, offering new deductions for qualified tips, overtime pay, car loan interest on new, U.S.-assembled vehicles, and an enhanced deduction ...
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