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

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   Here are additional 2024 standard deductions for those over 65 showing the IRS’s tax inflation adjustments: Joint filers and surviving spouses can deduct an additional $1,550 per person over 65.

3. Effortless Tax Deductions: 6 Write-Offs You Don’t ... - AOL

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   If you are 55 and older, you are eligible to make an additional $1,000 in contributions. ... How To Get Free Money: 13 Proven Ways. ... Effortless Tax Deductions: 6 Write-Offs You Don’t Have To ...

4. Top Tax Deductions and Tax Credits You Should Know for 2023 - AOL

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   A tax credit, on the other hand, reduces the tax you owe — every $1 of tax credit reduces your tax bill by by $1. If you owe $10,000 in taxes and qualify for a $2,500 tax credit, your tax bill ...

5. 13 Tax Deductions You Can Take Without Itemizing - AOL

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   When you file your taxes, you can claim the standard deduction or choose to itemize. However, recent changes in tax law have dramatically reduced the percentage of Americans who itemize. For You:...

6. Take Advantage of These 15 Commonly Missed Tax Deductions - AOL

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   Self-Employment Expenses. Self-employed taxpayers don’t get a Form W-4 and can’t take advantage of certain payroll deductions, but they can take advantage of many of the small-business tax ...

7. 4 Ways To Find Tax Deductions That Work for You in 2025 - AOL

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   Taxpayers can take advantage of numerous tax deductions, also known as tax write-offs, to lower their tax bill or receive a refund from the IRS come tax season. ... Most people take the standard ...

8. What Is a Tax Deduction and How Do Tax Deductions Work? - AOL

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   Tax deductions lower your taxable income, which reduces the amount of income tax you’re required to pay. Most tax deductions are expenses that you pay either to generate income or provide a ...

9. The 6 Most Important Tax Deductions You Need to Claim - AOL

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   The amount of the deduction gradually decreases for a single filer with a modified adjusted gross income of $70,000, or $140,000 if you’re married and filing a joint return, according to Money.