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

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

    Generally speaking, you have to be 65 or older and make less than $17,500 in adjusted gross income if you’re filing singly or as head of household—that limit rises to $20,000 if you’re ...

  3. How all 50 states tax retirement income: A comprehensive list ...

    www.aol.com/finance/states-that-tax-retirement...

    Seniors may be exempt from paying state income tax if they are a single filer making $8,000 or less, a head of household making less than $14,400 plus $1,000 per dependent or filing jointly making ...

  4. The IRS offers two free options for individuals to file their taxes. One is Guided Tax Preparation filing which is free to taxpayers who made $73,000 or less in 2022.

  5. Can You Escape Taxes on Your Lump Sum Pension Payout? - AOL

    www.aol.com/seniors-heres-avoid-taxes-lump...

    For investors who are able to do so, the 20% that was withheld is returned when you file your taxes. Direct rollover option. To avoid this, do not receive the payout directly.

  6. Homestead exemption - Wikipedia

    en.wikipedia.org/wiki/Homestead_exemption

    Texas allows a deduction, with additional exemptions available for county taxes, people over 65 and people who are disabled. It also requires school districts to offer a $25,000 exemption (but not other taxing districts, such as cities and counties). [12] Texas further limits the assessment increase on a homestead to 10% of the prior year's value.

  7. What’s the tax torpedo all about? - AOL

    www.aol.com/finance/suze-orman-shared-americans...

    For single filers with combined income above $34,000 or married couples filing jointly above $44,000, up to 85% of Social Security benefits can be taxed. ... withdrawals are tax-free, they keep ...

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