IRS Launches New Schedule 1-A Form | 2025 Tax Update Explained for NRIs
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IRS Launches New Schedule 1-A Form | 2025 Tax Update Explained for NRIs
🚨 Big IRS Update! The U.S. Internal Revenue Service has introduced a new form — Schedule 1-A, offering extra tax deductions for everyday workers. Here’s what’s changing 👇 💵 Claim deductions on your tips and overtime pay 🚗 Deduct car loan interest for U.S.-made vehicles 🎂 Extra tax relief for seniors above 65 📅 Applicable ...
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Form 1040 Schedule 1 Explained
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