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

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

    Joint filers where only one spouse is over 65 must file taxes if they earned $30,700 or more. Heads of household must file taxes if they earned $22,650 or more. Surviving spouses over 65 must file ...

  3. How all 50 states tax retirement income: A comprehensive list ...

    www.aol.com/finance/states-that-tax-retirement...

    Seniors may be exempt from paying state income tax if they are a single filer making $8,000 or less, a head of household making less than $14,400 plus $1,000 per dependent or filing jointly making ...

  4. Seniors and Taxes: Is There an End in Sight? - AOL

    www.aol.com/im-senior-ever-stop-filing-130049547...

    If you file a joint return and you and your partner’s combined income is $32,000-$44,000, you may owe income taxes on 50% of your Social Security benefits. If that number is more than $44,000 ...

  5. Taxes 2023: What's the standard deduction for people over 65?

    www.aol.com/standard-deduction-people-over-65...

    For premium support please call: 800-290-4726 more ways to reach us. ... (filing tax year 2022) is $14,700 for singles, $27,300 for married filing jointly if only one partner is over 65 (or ...

  6. Marriage penalty - Wikipedia

    en.wikipedia.org/wiki/Marriage_penalty

    In the most extreme case, two single people who each earned $400,000 would each pay a marginal tax rate of 35%; but if those same two people filed as "Married, filing jointly" then their combined income would be exactly the same (2 * $400,000 = $800,000), yet $350,000 of that income would be taxed as the higher 39.6% rate, resulting in a ...

  7. A Guide to Tax Breaks for Medical Expenses for Seniors - AOL

    www.aol.com/guide-tax-breaks-medical-expenses...

    In 2020, the standard deduction is $12,400 for single taxpayers and $24,800 for married filing jointly. Married taxpayers who are 65 and older can each claim an extra $1,300 standard deduction (or ...

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