Statewide Iowa (RI) — Senior citizens in Iowa are in line for a new tax break, according to Stacy Engle, a spokeswoman for the Internal Revenue Service.
Engle says Iowans who are 65 years old and older can claim an extra deduction this year and each year through 2028.
The change in tax law aims to ease the burden for some seniors, especially if they’re drawing Social Security and are still working, even part time.
She says the new deduction was part of the so-called Big Beautiful Bill that passed Congress in July.
Engle says there’s a new form included on the standard 10-40 this season.
Engle says choosing to e-file with direct deposit can speed up refunds, and they’ll typically arrive in 21 days or less.
For more details, visit the IRS website.
KIWA Staff Photo
