adjusted gross income

6 smart moves for retirees to make now to save on next year’s taxes

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6 smart moves for retirees to make now to save on next year’s taxes

Now that the 2025 tax filing season is underway, it’s time to get a head start on next year’s return. This is especially true for retirees. As much as you’d like to think about your taxes beyond filing this year, it’s an opportune time to start planning ahead. “If you’re already retired, there are a … Read more

This tax move is “one of the IRS’s best-kept secrets for retirees.” Why are 90% of retired Americans missing out?

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This tax move is “one of the IRS’s best-kept secrets for retirees.” Why are 90% of retired Americans missing out?

Moneywise and Yahoo Finance LLC may earn commission or revenue by linking to the content below. For many retirees, the holiday season is the perfect time to give back. And there’s an IRS-approved trick that can make your generosity go even further. A qualified charitable distribution, or QCD, is a direct donation from your IRA … Read more