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2. 2 Ways Seniors Can Save Big on Their 2024 Taxes and Help ...

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   He said these strategies are important, because many people don’t get a tax deduction for their charitable giving, due to standard deductions being so high — $14,600 single [and] $29,200 ...

3. Retirees Often Overlook These 11 Tax Deductions - AOL

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   Here are 11 tax deductions senior citizens should know about. ... for individuals 65 and older is $1,850 for single filers and $1,500 each for married taxpayers. ... most popular items of 2024 ...

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

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   For tax year 2024, for example, qualifying incomes for married couples filing jointly range from $25,511 for those with no kids up to $66,819 for those with three or more. The available credit ...

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

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   The standard deduction amounts for 2023 are $27,700 if you’re married filing jointly (an increase of $1,800 from 2022), $20,800 for heads of households (a $1,400 gain) and $13,850 for single ...

6. Taxes 2024: IRS Increases Tax Deductions $1,500 To ... - AOL

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   Tax Deductions For the 2024 Tax Year. The standard deduction for married couples filing jointly for tax year 2024 rises to $29,200, an increase of $1,500 from tax year 2023. ... Southern Living.

7. Are Assistant Living Expenses Tax-Deductible? - AOL

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   However, the tax deduction for someone that age is limited to $1,690. And, again, you can only deduct the amount in excess of 7.5% of your adjusted gross income.

8. States that tax Social Security benefits — including changes ...

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   Seniors living in Vermont can expect to pay between 3.35% and 8.75% in state income tax, but whether your Social Security benefits are excluded depends on your filing status and adjusted gross income:

9. Important changes you need to know about this 2024 tax season

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   Next, the standard deduction is increasing—also because of inflation—it's up $1,800 from last year to $27,700 for married couples filing jointly. For single taxpayers, the standard deduction ...