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IRS launches new form for 2025 deductions, including tips and overtime pay
The IRS introduces Schedule 1-A for 2025, letting you deduct qualified tips, overtime pay, vehicle loan interest, and ...
The Mirror US on MSN
IRS releases new form allowing people to claim tax deductions on tips
A new form with the Internal Revenue Service would allow taxpayers to claim deductions on cash tips they’ve earned throughout ...
Trump’s 2025 tax law offers four major deductions, but missteps on AGI impact, paperwork, eligibility, and withholding can ...
Two of the most common tax forms for individuals will see changes in 2026 to accommodate new provisions like no tax on tips ...
MiBolsilloColombia on MSN
IRS Form 1040 has updates before the October 15 deadline
As tax season approaches, it's crucial to stay informed about the latest updates to IRS Form 1040 and its schedules.
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.
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