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Stock impact report

2026 Tax Change Retirees Must Know Before It's Too Late To Avoid Costly Filing Mistakes [Yahoo! Finance]

Independent Bank Corp. (INDB) 
Last independent bank corp. earnings: 4/23 04:10 pm Check Earnings Report
Company Research Source: Yahoo! Finance
There are several changes new for this year that affect seniors in particular, including a new bonus deduction that could lower taxable income — but only if retirees file correctly. Learn More: What 2026 Senior Tax Deduction Means for Social Security and Retirement Planning Read Next: 5 Low-Effort Ways To Make Passive Income (You Can Start This Week) Before Tax Day is here, take a look at an important tax change retirees should be aware of — and the costly tax filing mistakes to avoid in 2026 Tax Change Affecting Retirees in 2026 “As a result of the most recent tax changes in 2026, a lot will change for retirees and the way they file their taxes,” said Bethany Dever, CFP, vice president and relationship manager at Rockland Trust New for seniors is the $6,000 bonus deduction per eligible individual, which will apply for tax years 2025 through 2028. To qualify, you must be age 65 by the last day of the year, and if you are married, you must file jointly to claim the deductio Show less Read more
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