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  2. Texas Tax Code Chapter 313 - Wikipedia

    en.wikipedia.org/wiki/Texas_Tax_Code_Chapter_313

    An appraised value limitation is an agreement between a taxpayer and a Texas school district in which the taxpayer proposes to build or install property—and create jobs meeting certain job and wage requirements—in exchange for a ten-year limitation on the taxpayer's property value for school district maintenance and operations tax (M&O ...

  3. Is Private School Tuition Tax Deductible?

    www.aol.com/private-school-tuition-tax...

    Current tax law does not allow for a direct deduction of K-12 private school tuition from your taxable income. But you may qualify for other deductions. ... The 2017 Tax Cuts and Jobs Act (TCJA ...

  4. Personal exemption - Wikipedia

    en.wikipedia.org/wiki/Personal_exemption

    The Tax Cuts and Jobs Act of 2017 eliminates personal exemptions for tax years 2018 through 2025. The exemption is composed of personal exemptions for the individual taxpayer and, as appropriate, the taxpayer's spouse and dependents, as provided in Internal Revenue Code at 26 U.S.C. § 151 .

  5. Tax exemption - Wikipedia

    en.wikipedia.org/wiki/Tax_exemption

    Tax exemption generally refers to a statutory exception to a general rule rather than the mere absence of taxation in particular circumstances, otherwise known as an exclusion. Tax exemption also refers to removal from taxation of a particular item rather than a deduction. International duty free shopping may be termed "tax-free shopping". In ...

  6. Mueller v. Allen - Wikipedia

    en.wikipedia.org/wiki/Mueller_v._Allen

    Mueller v. Allen, 463 U.S. 388 (1983), was a United States Supreme Court case examining the constitutionality of a state tax deduction granted to taxpaying parents for school-related expenses, including expenses incurred from private secular and religious schools.

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

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

    The standard deduction is a fixed deduction that varies depending on your filing status, age and dependent status. This year, the standard deduction is $12,950 for those filing single or married ...

  8. 7 Dependent Tax Deductions You May Not Know About - AOL

    www.aol.com/finance/7-dependent-tax-deductions...

    The American Rescue Plan boosted 2021 tax returns for millions of working families. However, the 2022 tax year will be a return to the norm, and dependent tax deduction rules are no exception. A ...

  9. Standard deduction - Wikipedia

    en.wikipedia.org/wiki/Standard_deduction

    For dependents, the standard deduction is equal to earned income (that is, compensation for services, such as wages, salaries, or tips) plus a certain amount ($400 in 2023). A dependent's standard deduction cannot be more than the basic standard deduction for non-dependents, or less than a certain minimum ($1,250 in 2023).

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