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

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   Under the recent tax law, the deductibility of state and local tax payments for federal income tax purposes is now limited to $10,000 — or $5,000 for married taxpayers filing separately — in a ...

3. 4 Ways To Find Tax Deductions That Work for You in 2025 - AOL

   www.aol.com/4-ways-tax-deductions-2024-151751235...

   Most people take the standard deduction — for 2024 that will be $14,600 for single individuals or $29,200 for married couples filing jointly. ... The best way to find tax deductions is to ...

4. Tax season 2025: Everything to know before you file, and how ...

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   Filing status. 2024 standard deduction amount. Single. $14,600 (up $750 from 2023) Head of household. $21,900 (up $1,100 from 2023) Married filing jointly

5. 15 Self-Employment Tax Deductions You Should Know - AOL

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   Here’s the top 15 self-employment tax deductions that you might qualify for: Common Tax Deductions. Here are a few of the most common self-employment tax deductions: 1. Self-Employment Tax Deduction

6. Taxes 2024: IRS Increases Tax Deductions $1,500 To ... - AOL

   www.aol.com/finance/taxes-2024-irs-increases-tax...

   The Internal Revenue Service (IRS) announced its annual inflation adjustments for tax year 2024 on Nov. 9. Billionaires vs. the Middle Class: Who Pays More in Taxes?Find: What To Do If You Owe Back...

7. The mortgage interest deduction could save you ... - AOL

   www.aol.com/finance/mortgage-interest-deduction...

   For tax year 2024—return you will file in 2025—the standard deduction amounts are: ... if you faced a “disaster loss” you might be able to claim that as an increase to your standard ...