Finally, seniors may be able to claim certain exemptions on their taxes, such as the standard deduction or itemized deductions for medical expenses or charitable donations. However, it's important to keep in mind that the rules for claiming exemptions can change from year to year, so it's important to stay up-to-date on the latest tax laws and regulations. Overall, seniors should consult with a tax professional or use tax software to ensure that they are taking advantage of all the credits and exemptions available to them.
Read more
https://www.ascpa.tax/tax-services/do-senior-citizens-have-to-file-taxes/
Read more
https://www.ascpa.tax/tax-services/do-senior-citizens-have-to-file-taxes/
Finally, seniors may be able to claim certain exemptions on their taxes, such as the standard deduction or itemized deductions for medical expenses or charitable donations. However, it's important to keep in mind that the rules for claiming exemptions can change from year to year, so it's important to stay up-to-date on the latest tax laws and regulations. Overall, seniors should consult with a tax professional or use tax software to ensure that they are taking advantage of all the credits and exemptions available to them.
Read more
https://www.ascpa.tax/tax-services/do-senior-citizens-have-to-file-taxes/
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