New Deductions Could Get You More Money Back

Tax season just got a major overhaul. The One Big Beautiful Bill changed more tax rules than anything since 2017, and if you're over 65, retired, or earning tip or overtime income, you could be leaving serious money on the table.

In this episode of Friends Talk Money, we sit down with Lisa Green-Lewis, TurboTax spokesperson and trusted tax expert, to break down every major change you need to know before you file.

• The NEW $6,000 deduction for seniors and who qualifies
• Tips & overtime income deductions - brand new for 2025
• Auto loan interest deduction - what cars qualify
• Social Security & taxes - the surprise that shocks retirees
• RMDs, Roth conversions & how to avoid a massive tax bill
• IRS audits - should you be worried? Free filing options and how to get help