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

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   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 ...

3. Retirees Often Overlook These 11 Tax Deductions - AOL

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   For tax year 2023, the addition to the standard deduction for individuals 65 and older is $1,850 for single filers and $1,500 each for married taxpayers. ... These 11 tax deductions are just a few ...

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

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   Answers to common questions about tax breaks for folks over 50. Are seniors exempt from capital gains tax? ... For example, Missouri and Nebraska taxed Social Security in 2023 but will not in 2024 ...

5. All the States That Provide Tax Breaks for Seniors - AOL

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   All the States That Provide Tax Breaks for Seniors. Megan Mostyn-Brown. November 27, 2023 at 9:00 AM. fizkes / Getty Images/iStockphoto. Retirement should be a time of relaxation and travel, an ...

6. 8 Tax Breaks Retirees Can Prepare to Use for 2024 - AOL

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   The post Common Tax Breaks for Retirees appeared first on SmartReads by SmartAsset. ... in 2023. The threshold is $12,950 and $25,900, respectively, before reaching 65 years of age. This higher ...

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

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   The state doesn’t offer any deductions to its seniors, but the flat tax is expected to reduce every year until it reaches 3.99% in 2027. ⭐ Quick facts: North Carolina. Social Security: Not taxable

8. Here are the biggest retirement changes coming in 2023 - AOL

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   For 2023, IRA deductions for singles covered by a retirement plan at work aren't allowed the deduction after their modified adjusted gross income (MAGI) hits $83,000, versus $78,000 in 2022.

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

   www.aol.com/finance/10-tax-deductions-know-2023...

   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 ...