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  2. Taxes 2023: What's the standard deduction for people over 65?

    www.aol.com/finance/standard-deduction-people...

    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 ...

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

    www.aol.com/retirees-65-older-eligible-extra...

    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 ...

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

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

    Here are additional 2024 standard deductions for those over 65 showing the IRS’s tax inflation adjustments: Joint filers and surviving spouses can deduct an additional $1,550 per person over 65.

  5. 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).

  6. Tax season 2025: Everything to know before you file, and how ...

    www.aol.com/finance/tax-season-2025-everything...

    2024 standard deduction amount. Single. $14,600 (up $750 from 2023) ... For taxpayers over 50, the amount increased to $8,000, from $7,500 in 2023. ... Deadline to file 2023 and 2024 tax returns ...

  7. Taxes 2023: Which Credits and Deductions Apply to You? - AOL

    www.aol.com/finance/taxes-2023-credits...

    Tax credits and deductions were already confusing many of us before all of this year's substantial changes. Good Question: What Is the Standard Deduction for People Over 65 in 2023? FICO Fix: 3...

  8. What Is the Standard Deduction for Married Filing Jointly in ...

    www.aol.com/standard-deduction-married-filing...

    For those 65 or older or blind, the additional standard deduction for married taxpayers or qualified widows(ers) is $1,400, an increase of $50. This applies to tax returns filed in 2023 .

  9. The Best Tax Deductions and Tax Breaks for 2024-2025 - AOL

    www.aol.com/most-americans-think-taking-entitled...

    27. Standard Tax Deduction. The standard deduction is a dollar-for-dollar reduction of your taxable income. Nearly all taxpayers are entitled to this deduction. The standard deduction amounts for ...

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