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2. Retirees Often Overlook These 11 Tax Deductions - AOL

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   24/7 Help. For premium support please call: ... Here are 11 tax deductions senior citizens should know about. ... the annual contribution limit for the 2023 tax year was $7,500 or the total ...

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

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   The standard deduction reduces a taxpayer’s taxable income, ensuring that only households with income above certain thresholds will owe income tax. The standard deduction amounts for 2023 are ...

4. Taxes 2023: What's the standard deduction for people over 65?

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   The standard deduction for those over age 65 in 2023 (filing tax year 2022) is $14,700 for singles, $27,300 for married filing jointly if only one partner is over 65 (or $28,700 if both are), and ...

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

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   24/7 Help. For premium support please call: ... it expired in 2023, and the allowable meal deduction returned to 50%. ... The standard deduction amounts for tax year 2024 are as follows: Single ...

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

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   Tax Deductions For the 2024 Tax Year The standard deduction for married couples filing jointly for tax year 2024 rises to $29,200, an increase of $1,500 from tax year 2023.

7. Important changes you need to know about this 2024 tax season

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   24/7 Help. For premium support please call: ... Important changes you need to know about this 2024 tax season. Alexa Liacko. January 14, 2024 at 8:28 PM ... the standard deduction rises to $13,850 ...

8. Taxes 2023: Which Credits and Deductions Apply to You? - AOL

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   Tax credits and deductions were already confusing many of us before all of this year's substantial changes. Good Question: What Is the Standard Deduction for People Over 65 in 2023? FICO Fix: 3...

9. What Is the Standard Deduction Amount for 2022-2023 and When ...

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   Here are the standard deductions for the 2022 and 2023 tax years: Single: $12,950 for 2022, $13,850 for 2023. Married, filing jointly: $25,900 for 2022, $27,700 for 2023.