IRS Schedule 1-A explained: How to claim tax breaks for tips, overtime, car loans, and seniors

IRS: The IRS is introducing Schedule 1-A for 2025 tax returns, offering new deductions for qualified tips, overtime pay, car ...

New IRS form lets taxpayers claim 2025 deductions on tips, overtime pay, car loan interest

Taxpayers face a learning curve for figuring out how key tax deductions in the mega tax bill will work when they file 2025 tax returns next year.