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  2. Lower taxes, higher tariffs: What Trump’s tax plans ... - AOL

    www.aol.com/finance/lower-taxes-higher-tariffs...

    Those with a combined income between $25,000 and $34,000 (single filers) or $32,000 and $44,000 (married filing jointly) pay income tax on up to 50 percent of their benefits.

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

    www.aol.com/finance/tax-breaks-after-50-you...

    Single filers and heads of households can deduct an additional $1,950. Claiming a standard deduction means that you won’t be able claim any itemized deductions — such as catch-up contributions ...

  4. Your ultimate guide to how to files taxes for 2022 - AOL

    www.aol.com/finance/ultimate-guide-files-taxes...

    Single tax filers or married filing separate tax returns. ... in which case you may be able to take a home office deduction. ... is a pretty generous $12,550 for single filers ($18,800 for heads ...

  5. Section 179 depreciation deduction - Wikipedia

    en.wikipedia.org/wiki/Section_179_depreciation...

    Under section 179(b)(1), the maximum deduction a taxpayer may take in a year is $1,040,000 for tax year 2020. Second, if a taxpayer places more than $2,000,000 worth of section 179 property into service during a single taxable year, the § 179 deduction is reduced, dollar for dollar, by the amount exceeding the $2,500,000 threshold, again as of ...

  6. A Guide to Tax Breaks on Your 2021 Return - AOL

    www.aol.com/finance/guide-tax-breaks-2021-return...

    For tax year 2021, the standard deduction for single filers and married people filing separately is $12,550, a $250 increase from 2020. Married taxpayers filing jointly can deduct $25,100, up $300 ...

  7. 15 Self-Employment Tax Deductions You Should Know - AOL

    www.aol.com/15-self-employment-tax-deductions...

    Here are a few of the most common self-employment tax deductions: 1. Self-Employment Tax Deduction. If you’re self-employed, you will end up paying more Social Security and Medicare tax than an ...

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