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No state taxes on Social Security and pension income up to $20,000 (ages 55-64) and $24,000 (65 and older). Property tax exemption up to 50% of the first $200,000 of the value of a residence ...
The so-called golden years can be financially challenging, but state and federal tax breaks can provide some silver linings. Find out what's available. 20 Valuable Tax Breaks for Seniors
For the tax year 2024, the standard deduction for a single taxpayer under the age of 65 is $14,600. If you're 65 or older, you can increase that amount by $1,950 to $16,550.
There’s also a new change to 401(k) contributions that could give older savers an even bigger tax break. Dubbed the super catch-up, workers aged 60 to 63 this year can make a catch-up ...
Seniors 62 and over enjoy a 15% discount at the Grand Canyon Railway Hotel, including the RV park and train tickets, by using promo code SENIOR. benstevens/istockphoto Grand European Travel
Find a Tax-Aide location near you by visiting the AARP website during tax season. Call 800-829-1040 for live assistance with the TCE and 888-227-7669 for more information about Tax-Aide. A note ...
United — Limited senior fares available (select Senior 65+ when booking) Hotel discounts. While quite a few hotels offer discounted rates, they tend to come with caveats about availability and ...
New Hampshire doesn’t tax personal income, but it does have a 4% tax on dividends and interest with a total gross from all sources of $2,400 for individuals. This tax is set to be phased out by ...
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