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2. Taxes 2024: IRS Increases Mileage Standard Deduction ... - AOL

   www.aol.com/taxes-2024-irs-increases-mileage...

   For drivers on the low-end of that range, they could deduct $53,600 in mileage for 2024, versus $52,400 in 2023, decreasing their tax liability and potentially putting money in their pocket.

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

   www.aol.com/retirees-65-older-eligible-extra...

   For tax year 2023, the additional standard deduction amounts for taxpayers who are 65 and older OR blind are: $1,850 for single or head of household. $1,500 for married taxpayers (per qualifying ...

4. Mileage Reimbursement Rate for 2025: What To Expect - AOL

   www.aol.com/finance/mileage-reimbursement-rate...

   Driving can be more than just a part of your daily routine — it can also give you a deduction on your tax return. ... calculate their deductible mileage costs. IRS Standard Mileage Rates for 2024.

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

   www.aol.com/most-americans-think-taking-entitled...

   If you don’t claim 100% of your eligible insurance costs, you can put the remainder toward your itemized medical expense deduction. ... you’ll have to spread your deduction out over the life ...

6. Write off your mileage? The IRS expands the deduction for ...

   www.aol.com/finance/write-off-mileage-irs...

   The average national price hit a new record high of $5.016 a gallon on June 14, 2022, according to AAA. That’s up from $4.452 a month ago and $3.080 as recently as last year.

7. AOL Mail

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   Get AOL Mail for FREE! Manage your email like never before with travel, photo & document views. Personalize your inbox with themes & tabs. You've Got Mail!

8. The Average American Spends $12,000 on Annual Car ... - AOL

   www.aol.com/average-american-spends-12-000...

   Data source: AAA, Your Driving Costs (2022-2024), plus author's calculations. Cheap auto loans are harder to find. More than 80% of new car purchases use auto loan financing. But during the past ...

9. 4 Ways To Find Tax Deductions That Work For You in 2024 - AOL

   www.aol.com/4-ways-tax-deductions-2024-151751235...

   According to the IRS, deductions lower your income before you calculate the tax you owe. Most people take the standard deduction of $13,850 for single individuals or $27,700 for married couples ...