The Schedule 1-A does not differ from the draft version issued last year, but instructions for Form 1040 provide details and ...
A for tax year 2025 tied to the “One, Big, Beautiful Bill,” offering deductions for tips, overtime pay, car loan inte ...
The Internal Revenue Service has posted a draft version of Schedule 1-A, "Additional Deductions," for Form 1040 that will be used next tax season when claiming new tax breaks in the One Big Beautiful ...
Wondering what tax reporting might look like under the One Big Beautiful Bill Act (OBBBA)? The IRS has released drafts of some 2025 tax forms (that you’ll file in 2026), including a draft of the new ...
Each week, in our Ask the Editor series, Joy Taylor, The Kiplinger Tax Letter editor, answers questions on topics submitted by readers. This week she's looking at four questions on preparing and ...
Ask the Editor, January 16: Tips for Filing Your Form 1040 In this week's Ask the Editor Q&A, Joy Taylor answers four questions on preparing and filing your 2025 Form 1040.