Seniors are used to getting special treatment at tax time. Are those days gone?
Welcome to your “2-Minute Money Manager,” a short video feature answering money questions submitted by readers and viewers.
Today’s question is about how last year’s tax reform will affect an old tax deduction: the extra personal exemption we all get when we turn 65. If you’re a senior, here’s some good news, along with some additional tax advice.
If you can’t deal with video, no problem: Just scroll down this page for the full transcript of the video, as well as some reader resources.
You can also learn how to ask a question of your own below.Click here to see the video
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