Seniors Can Get Free Help with Taxes
As many as 26% of survey participants who have received Social Security for more than three years report they paid taxes on a portion of their benefits for the first time during the 2023 tax season, The Senior Citizens League (TSCL) said in a survey. An even greater percentage will like...
Besides the 1040-SR form, seniors have special options available to file and pay their taxes. Here's a guide to tax counseling for the elderly.
If you're a married senior, consider Protective's Survivor Universal UL policy. It's less expensive than some individual policies, plus you can use the death benefit to help offset estate taxes if you or your spouse dies. You can apply for this policy up to age 85, and coverage amounts...
Internet access can benefit seniors in many ways, including social connection and mental stimulation. Additionally, the absolute attachment of the internet to everyday life makes it increasingly difficult to pay bills, file taxes, or get help during an emergency without a reliable internet connection...
In order for government aid to seniors to be meaningful, there needs to be a lot of change in how it is handled. Cutbacks in the federal budget may help, but only if there is a plan for replacing those cuts. The issue of taxes isn’t going away and it needs to be addressed. Ther...
service, then being inundated with hidden fees. Some of the providers on this list, like AT&T and CenturyLink, charge extra for installation or even the Wi-Fi equipment on its own. But with Spectrum, the monthly fee is the only thing you’ll pay for (plus taxes, but those are ...
Buy a home with non-taxable income Another helpful solution for seniors is counting non-taxable income. Social Security income, for example, is typically not taxed. Most lenders can increase the amount of this income by 25%. This is known as “grossing up” (before taxes and deductions) whe...
Have you ever wondered when you will finally bid adieu to the burden of paying property taxes? Don’t worry. I found that out for you…. Read More At What Age Do You Stop Paying Property Taxes in Oregon? What Is the Average Cost of a Nursing Home in Texas? For many Texas residents...
By signing up for Verizon 55 Plus Unlimited Plan, you can get unlimited text, talk, and data for $60 per month. You will not have to pay any other extra fees or taxes. With this plan, you can save $20 per month. Sign up for Verizon 65+ Prepaid Plan ...