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  2. 4 Ways To Find Tax Deductions That Work For You in 2024 - AOL

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

    Most people take the standard deduction of $13,850 for single individuals or $27,700 for married couples filing jointly. The amount of the standard deduction changes to account for inflation and ...

  3. Taxes 2024: IRS Increases Tax Deductions $1,500 To ... - AOL

    www.aol.com/finance/taxes-2024-irs-increases-tax...

    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. ... Missteps could ...

  4. Deciding Between Married Filing Jointly Versus Separately ...

    www.aol.com/deciding-between-married-filing...

    For example, the 2023 standard deduction for married filing jointly is $27,700 ($29,200 in 2024) versus just $13,850 ($14,600 in 2024) for married filing separately. ... For tax year 2023 (which ...

  5. Here Are the New IRS Tax Brackets for 2024 — What ... - AOL

    www.aol.com/irs-tax-brackets-2024-does-131549360...

    For married couples filing jointly, it will rise to $29,200 for 2024, up from $27,700 in 2023. Those filing as heads of household will see their standard deduction increase to $21,900 for 2024, up ...

  6. 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.

  7. The Best Tax Deductions and Tax Breaks for 2023-2024 - AOL

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

    You can typically deduct the entire amount of your mortgage interest or on the first $750,000, or $375,000 of indebtedness if married filing separately. If your indebtedness started before Dec. 16 ...

  8. Taxpayers will get higher standard deductions in 2025, IRS ...

    www.aol.com/taxpayers-higher-standard-deductions...

    For single taxpayers and married individuals filing separately in tax year 2025, the standard deduction is rising to $15,000 — up $400 from 2024. For couples who file jointly, that standard ...

  9. IRS sets higher standard deduction, new tax brackets for 2025

    www.aol.com/irs-sets-higher-standard-deduction...

    The standard deduction climbs to $30,000 − up $800 from 2024for married couples filing jointly. For heads of households, the standard deduction will be $22,500 for tax year 2025, up $600 ...

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