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

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   A married couple of two 65+ adults would take a total deduction of $27,700 (standard deduction) plus $1,500 for one 65+ adult plus $1,500 for second 65+ adult — a total of $30,700.

3. What Is the Standard Deduction for People Over 65 in 2023? - AOL

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   The standard deduction for those over age 65 in 2023 (filing tax year 2022) is $14,700 for singles, $27,300 for married filing jointly if only one partner is over 65 (or $28,700 if both are), and ...

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

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   Joint filers and surviving spouses can deduct an additional $1,550 per person over 65. Single filers and heads of households can deduct an additional $1,950. Claiming a standard deduction means ...

5. Standard deduction - Wikipedia

   en.wikipedia.org/wiki/Standard_deduction

   Standard deduction in 2023 70-year-old single individual $13,850 + $1,850 = $15,700 40-year-old single individual who is blind $13,850 + $1,850 = $15,700 Married couple, ages 78 and 80, one of whom is blind $27,700 + $1,500 + $1,500 + $1,500 = $32,200 Dependent who earns $200 in 2023 $1,250 (minimum standard deduction for dependents)

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

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   For instance, for the 2024 tax year, the standard deduction for a single taxpayer stands at $14,600 and $29,200 for joint filers. Once you turn 65, your standard deduction increases by $1,950 for ...

7. Retirees Often Overlook These 11 Tax Deductions - AOL

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   The standard deduction provides individuals with a certain threshold below which income is not taxed. However, some seniors may not be aware that this deduction is increased for those age 65 or older.

8. Head of household - Wikipedia

   en.wikipedia.org/wiki/Head_of_Household

   In 2021, for instance, heads of households were entitled to an $18,800 standard deduction, compared to $12,550 for single filers. In 2015, according to the Census Population Survey, 76% of head of household filers were women. [1]

9. Seniors and Taxes: Is There an End in Sight? - AOL

   www.aol.com/im-senior-ever-stop-filing-130049547...

   Use your bigger standard deduction: If you’re 65 or older and you don’t itemize deductions, you are entitled to a higher standard deduction. A single filer over 65 gets an extra $1,750 ...