With the tax filing season already underway, revised 1040 instructions make the tips deduction more complicated and limited for the self-employed.

In this week's Ask the Editor Q&A, Joy Taylor answers questions on the new $6,000 senior deduction and how to claim it on your tax return.

The new form focuses on deductions related to tips, overtime pay, car loan interest, and benefits for seniors. These changes were created under a law called H.R. 1, P.L. 119-21, which is also known as ...

A for Form 1040, providing detailed instructions on claiming deductions for tips, overtime, car loan interest, and senior ...

The Schedule 1-A does not differ from the draft version issued last year, but instructions for Form 1040 provide details and ...