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  2. Mortgage Interest Deduction: Limits and How It Works - AOL

    www.aol.com/finance/mortgage-interest-deduction...

    For tax year 2024, the standard deduction is $14,600 for single filers and married individuals filing separately, $21,900 for heads of household, and $29,200 for married couples filing jointly.

  3. Free tax filing with IRS Direct File: What you need to know - AOL

    www.aol.com/finance/free-tax-filing-irs-direct...

    For the 2024 tax season, your adjusted gross income had to be less than $79,000 to qualify for the Free File program. That dollar threshold is likely to rise slightly for the 2025 tax season.

  4. Are You Eligible for the New IRS Free Tax-Filing Program? - AOL

    www.aol.com/eligible-irs-free-tax-filing...

    The IRS Direct File program is run solely by the IRS in an attempt to increase access to free tax filing services. It’s currently being piloted for the 2024 tax season and is available only to ...

  5. Best tax software for your 2024 returns: 5 simple ways to ...

    www.aol.com/finance/best-tax-software-110528837.html

    💰 Costs • DIY federal tax return: $0 • Assisted federal tax return: $8 to $50 What FreeTaxUSA offers. FreeTaxUSA is a part of the Free File program run by the Internal Revenue Service. It ...

  6. Home mortgage interest deduction - Wikipedia

    en.wikipedia.org/wiki/Home_mortgage_interest...

    A home mortgage interest deduction allows taxpayers who own their homes to reduce their taxable income [1] by the amount of interest paid on the loan which is secured by their principal residence (or, sometimes, a second home). The mortgage deduction makes home purchases more attractive, but contributes to higher house prices. [2] [3]

  7. Tax Season 2024: 7 Ways You Can File for Free - AOL

    www.aol.com/tax-season-2024-7-ways-130003290.html

    About 70% of Americans — 100 million people — are eligible for the IRS Free File program. ... student loan interest deduction. H&R Block Free Online ... Tax Season 2024: 7 Ways You Can File ...

  8. Mortgage interest deduction: What it is and what qualifies - AOL

    www.aol.com/finance/mortgage-interest-deduction...

    The mortgage interest deduction is a tax incentive for people who own homes as it allows them to write off some of the interest charged by their home loan. The deduction allows you to reduce your ...

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

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

    Tax Counseling for the Elderly, Benefits.gov. Accessed July 7, 2024. IRS provides tax inflation adjustments for tax year 2024, IRS. Accessed July 7, 2024. Here’s who needs to file a tax return ...

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