Tax season is never simple, but for retirees, it just got more complicated. The IRS has quietly adjusted guidelines that make certain deductions harder to claim, and while these changes haven’t made headlines, they could have a major impact on seniors living on fixed incomes. Many retirees rely on deductions to reduce taxable income and stretch their savings, but the new rules mean some of the most common breaks now require stricter documentation or higher thresholds. Understanding these changes is essential to avoid surprises when filing.
