Message Sent
Thank you for your inquiry. We will respond to you as soon as possible.

Confirm Message Sent
e-newsletter
Thank you for your interest in our e-newsletter. Our records indicate that you are already receiving our e-newsletter. If you have any further questions please contact us.

Email in Records
e-newsletter Preferences
Your e-newsletter settings have been saved.

Preferences Saved
  • Home
  • How to Give
  • What to Give
  • Learn About Wills
    • Overview
    • Bequest Language
  • Donor Stories
  • Calculators
  • Giving News
  • Contact Us
  • Apply Now
  • Request Info
  • Visit
  • Campus Mail
  • My Mount Mary
  • En Español
  • Give
  • Blog
  • Covid Updates
Mount Mary University
    • Majors & Programs
    • Admissions
    • About
    • Cost & Aid
    • Campus Life
    • Alumnae
    • Athletics
    • Mission
    Gift Planning
    • Wills Planner
    • Contact Us
    • Back to Main Website

    Gift Planning

    • Giving Home
    • How to Give
    • What to Give
    • Learn About Wills
      • Overview
      • Bequest Language
      • Wills Planner
      • Free Estate Planning Guide
    • Donor Stories
    • Calculators
    • Giving News
    • Contact Us
    Planned Giving

    I Am Impactful

    I am Generous

    I am Mount Mary

    ❮ ❯
    Learn More about gift planning
    • Our Mission

    • Fidelis Society

    • Enewsletter

    • Estate Planning Guide

    Text Resize

    You are at: Planned Giving > News > Washington News

    Print
    Email
    Subsribe to RSS Feed

    Saturday June 13, 2026

    Washington News

    Washington Hotline

    IRS 2026 Tax Filing Reminder of Senior Resources

    The Internal Revenue Service (IRS) released guidance outlining updates and key resources for seniors during the 2026 tax filing season. The IRS highlighted the new additional senior deduction, the Earned Income Tax Credit (EITC) and tax return preparation services.

    Eligible taxpayers aged 65 and older may claim a new additional deduction of up to $6,000 per individual ($12,000 for married couples filing jointly when both spouses qualify). This additional amount is available regardless of whether the taxpayer itemizes or claims the standard deduction. The deduction phases out at higher modified adjusted gross income (MAGI) levels.

    The IRS highlighted that the EITC is available to moderate-income workers and families. The maximum income amount eligible for the deduction for the 2025 tax year is $68,675. Credit amounts will vary based on income, family size and filing status.

    In addition to deduction changes, the IRS noted the availability of free tax preparation assistance for qualified taxpayers. Programs such as Volunteer Income Tax Assistance (VITA) and Tax Counseling for the Elderly (TCE), as well as services offered through the AARP Foundation Tax-Aide network, provide in-person and, in some cases, virtual support for qualifying individuals. These programs can be valuable for taxpayers navigating Social Security taxation, required minimum distributions (RMDs), retirement account rollovers and other age-specific reporting considerations.

    The IRS also reminds taxpayers to review income documentation and account information before filing. Taxpayers receiving Social Security benefits should ensure they have access to accurate Forms SSA-1099 or SSA-1042S, which can be obtained through their online Social Security accounts if replacements are needed. More broadly, the IRS encourages all filers to use their IRS Online Account to review payment history, prior-year adjusted gross income and other relevant data to reduce errors and processing delays.


    Published February 20, 2026
    Print
    Email
    Subsribe to RSS Feed

    Previous Articles

    IRS Online Services Available to Avoid Peak Wait Times

    Create an IRS Individual Online Account

    2026 Tax Filing Season Officially Opens

    IRS Releases FAQs for Deductible Qualified Overtime Compensation

    Free File Open For Tax Returns

    scriptsknown
    • Our Mission

    • Fidelis Society

    • Enewsletter

    • Estate Planning Guide

    Let us help you with your gift plans
    • I need more information about ways to give
    • I already know how I would like to give

    Resources for Professional Advisors

    © Copyright 2026 Crescendo Interactive, Inc. All Rights Reserved.
    PRIVACY STATEMENT

    This site is informational and educational in nature. It is not offering professional tax, legal, or accounting advice. For specific advice about the effect of any planning concept on your tax or financial situation or with your estate, please consult a qualified professional advisor.

    • Employment
    • Campus Map & Directions
    • Privacy Policy
    • SpaceFinder
    • Bookstore
    • Library
    • Make a Gift
    • Site Map
    Mount Mary University Creates

    © 2022 Mount Mary University
    Sponsored by the School Sisters of Notre Dame

    2900 Menomonee River Parkway

    Milwaukee, WI 53222

    Directions

    | (414) 930-3000