2026 Tax Changes

There is a new IRS form that we will use to report most of the tax changes that come into effect for tax year 2025.  Sch 1-A is used to report the additional $6K standard deduction for taxpayers 65 and over, interest paid on auto loans originated in 2025, non-taxable tips, and non-taxable overtime.  We will automatically add this form to your tax return as needed.