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  2. 5 Best Tax Planning Strategies for Retirees To Do Now - AOL

    www.aol.com/finance/5-best-tax-planning...

    Only eight states tax Social Security benefits, but even if you live in one of the 42 states that don’t tax your benefits, you still have to pay federal taxes on your Social Security payouts.

  3. What retirees can do right now to reduce next year's taxes - AOL

    www.aol.com/finance/retirees-heres-now-reduce...

    Double hit in 2025. For those of you who turn 73 this year, the jig is up. For decades, you’ve been squirreling away retirement savings, allowing them to grow tax-free.Now it's time to start ...

  4. States that tax Social Security benefits — including changes ...

    www.aol.com/finance/states-that-tax-social...

    Minnesota’s state income tax calculations are more complex than those of other states. The North Star State has four tax brackets, adding anywhere between 5.35% to 9.85% in taxes to your bill.

  5. 3 Ways Retirees on a Budget Can Get Help Filing Their Taxes - AOL

    www.aol.com/3-ways-retirees-budget-help...

    Free and low-cost tax preparation services can ease the stress for retirees living on a fixed income during tax season. Offered by trusted online software, volunteer organizations and affordable...

  6. Paying Taxes on Social Security Benefits: 3 Pitfalls for ...

    www.aol.com/finance/paying-taxes-social-security...

    Pitfall No. 3: Ignoring state taxes Many states have gotten rid of taxes on Social Security, but nine states will still tax your benefits in some cases. The following states still impose taxes on ...

  7. 8 Tax Breaks Retirees Can Prepare to Use for 2024 - AOL

    www.aol.com/8-tax-breaks-retirees-2024-143940592...

    The post Common Tax Breaks for Retirees appeared first on SmartReads by SmartAsset. ... save an extra $240 in taxes due to the increased HSA limit. This insight underlines the importance of ...