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2. Retirees Often Overlook These 11 Tax Deductions - AOL

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   Senior citizens age 70.5 and over who own an IRA can take advantage of tax-free qualified charitable distributions. They can transfer up to $100,000 per year, counting toward the required minimum ...

3. Retirees 65 and Older Eligible for Extra Standard Deduction ...

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   A married couple of two 65+ adults would take a total deduction of $27,700 (standard deduction) plus $1,500 for one 65+ adult plus $1,500 for second 65+ adult — a total of $30,700.

4. Tax breaks after 50 you might not know about - AOL

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   Here are additional 2024 standard deductions for those over 65 showing ... for seniors. Taxpayers over 55 were once allowed a one-time $125,000 in capital gains exemption for selling their home ...

5. Tax Season 2024: 5 Changes That Small Business Owners ... - AOL

   www.aol.com/tax-season-2024-5-changes-150025033.html

   If you run a small business, particularly one that has employees and offers benefits such as a workplace retirement plan, then recent tax changes could affect you this tax filing season ...

6. The Best Tax Deductions and Tax Breaks for 2024-2025 - AOL

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   Any expenses that are considered extravagant or lavish don’t qualify for the business travel expenses deduction. Self-employed individuals claim these expenses on Schedule C (Form 1040 ...

7. 4 Tax Changes Retirees Need To Know - AOL

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   Tax law is constantly changing, and even retirees are not immune from annual updates. In fact, seniors in particular have their own set of laws and rules to follow that may not even apply to ...