Retirees! Review Your Tax Return with Our Comprehensive Guide
Download our "Tax Return Review Checklist for Retirees" and ensure you're not leaving money on the table:
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Bunching Deductions: Learn how to optimize your itemized deductions by timing certain expenses strategically.
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Filing Status Considerations: Understand the implications of recent life events like divorce or the death of a spouse on your tax filing status.
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Higher Standard Deduction for Seniors: Make sure you're taking advantage of the increased standard deduction if you're 65 or older.
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Investment Income Review: Get insights into reporting interest, dividends, and capital gains accurately to maximize your tax savings.
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Required Minimum Distributions (RMDs): Ensure you're complying with IRS rules regarding RMDs.
- Qualified Charitable Distributions: Explore tax-efficient options for donating from your retirement accounts.
- Medical and Miscellaneous Tips: Discover how to claim deductions for Large Medical Expenses and explore other tax-saving opportunities in this area