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

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   4. Free tax filing assistance. The IRS offers free assistance and basic tax return preparation to anyone ages 60 and older through the Tax Counseling for the Elderly program. This program is ...

4. 6 Hidden Tax Breaks for Retirees - AOL

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   The deduction for a traditional IRA won’t reduce your Social Security tax, and the Social Security tax rate, like the Medicare tax rate, doesn’t change after you’ve retired. Learn: These Are ...

5. 8 Tax Breaks Retirees Can Prepare to Use for 2024 - AOL

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   The post Common Tax Breaks for Retirees appeared first on SmartReads by SmartAsset. ... Essentially, when you hit retirement your standard deduction goes up, leaving more money in your pocket. For ...

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

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   So when claiming your standard deduction for 2023, you can take a higher standard deduction amount if you were born before Jan. 2, 1959. Also: The Average Retirement Age in 2023 in the US vs Canada

7. 7 hidden tax breaks for retirees - AOL

   www.aol.com/article/finance/2017/12/11/7-hidden...

   Though your retirement income may decline, that doesn’t mean the IRS stops collecting taxes, so it’s important you take any tax breaks for retirees you can. 7 hidden tax breaks for retirees ...