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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. 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. ... you’ll receive tax-free payments and ...

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

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

    Joint and survivor. Payments continue until both spouses pass away. ... all future earnings and withdrawals are tax-free. ... the 20% that was withheld is returned when you file your taxes. Direct ...

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

    www.aol.com/standard-deduction-people-over-65...

    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 ...

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