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

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    As of 2024, you can contribute up to $4,150 per year if you have self-only coverage and $8,300 if you have family coverage and deduct the amount you or someone other than your employer made to ...

  3. 4 Ways To Find Tax Deductions That Work For You in 2024 - AOL

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    Taxpayers can take advantage of numerous tax deductions, also known as tax write-offs, to lower their tax bill or receive a refund from the IRS come tax season. Learn More: Trump-Era Tax Cuts...

  4. 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. ... Best Credit Union ...

  5. Trump’s back in office — here’s what to expect for your taxes ...

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    The SALT deduction lets taxpayers write off their property taxes, plus their state and local income or sales taxes. ... a good portion of foreign income — in 2024, $126,500 for qualified single ...

  6. When is Tax Day 2025? All about deductions, income ... - AOL

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    The 2024 child tax credit is worth up to $2,000 per qualifying child, according to NerdWallet. The credit decreases if your modified adjusted gross income exceeds $200,000, or $400,000 for a ...

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

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    Next, the standard deduction is increasing—also because of inflation—it's up $1,800 from last year to $27,700 for married couples filing jointly. For single taxpayers, the standard deduction ...