If you’re over 65 and filed your taxes expecting a bigger refund, you’re not alone in wondering where the money went. Every year, thousands of seniors miss out on a valuable credit simply because they didn’t complete one extra form. The issue often comes down to something called Schedule R, and if it’s missing, your refund could be smaller than it should be. This overlooked step has quietly cost retirees hundreds—or even thousands—of dollars. Here’s how the Schedule R tax credit works, why it gets missed, and how to make sure you’re not leaving money behind.
