Why this matters: Rules are shifting in 2025, and many seniors don’t know what to ask until it’s too late. Having a short list of pointed questions can save money, prevent costly mistakes, and make the most of new deductions.
To kickstart this process, here's a list you can print out or take with you to your next meeting and jot down the answers. It’ll help you leave the office with a clear action plan instead of lingering questions.
Core Tax Questions
- Am I eligible for the new $6,000 Senior Bonus Deduction (or $12,000 for couples)?
- Will I save more by itemizing in 2025 now that the SALT cap has increased?
- Am I at risk of crossing the “$1 More” thresholds for Social Security taxation or Medicare IRMAA?
- Would partial Roth conversions in 2025–2026 help lower my long-term tax burden?
- Do I need to adjust my withholding or estimated payments because of these changes?
