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

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   Standard Tax Deduction. The standard deduction is a dollar-for-dollar reduction of your taxable income. ... The standard deduction amounts for tax year 2024 are as follows: Single filers: $14,600 ...

3. State of the State: Moore addresses budget deficit, Trump ...

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   In 2024, Maryland’s corporate tax rate was 8.25%, one of the highest corporate tax rates in the country. The new budget also doubles the standard deduction and expands access to the child tax ...

4. 4 Ways To Find Tax Deductions That Work for You in 2025 - AOL

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   According to the IRS, deductions lower your income before you calculate the tax you owe. Most people take the standard deduction — for 2024 that will be $14,600 for single individuals or $29,200 ...

5. Standard deduction - Wikipedia

   en.wikipedia.org/wiki/Standard_deduction

   Under United States tax law, the standard deduction is a dollar amount that non-itemizers may ... Single Married filing separately ... Head of household 2024 [6 ...

6. New 2024 Tax Brackets May Lead to More Money in Your ... - AOL

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   Standard Deductions for 2024 Tax Year. Standard deductions are also increasing, according to the IRS. ... an increase of $1,500 from tax year 2023. For single taxpayers and married individuals ...

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

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   The standard deduction will go up to $15,000 for 2025 tax returns — up $400 from 2024 − for single taxpayers and married people filing separately.. The standard deduction climbs to $30,000 − ...