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  2. Top Tax Deductions and Tax Credits You Should Know for 2023 - AOL

    www.aol.com/finance/10-tax-deductions-know-2023...

    A tax credit, on the other hand, reduces the tax you owe — every $1 of tax credit reduces your tax bill by by $1. If you owe $10,000 in taxes and qualify for a $2,500 tax credit, your tax bill ...

  3. 13 Tax Deductions You Can Take Without Itemizing - AOL

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    When you file your taxes, you can claim the standard deduction or choose to itemize. However, recent changes in tax law have dramatically reduced the percentage of Americans who itemize. For You:...

  4. 15 Self-Employment Tax Deductions You Should Know - AOL

    www.aol.com/15-self-employment-tax-deductions...

    Here’s the top 15 self-employment tax deductions that you might qualify for: Common Tax Deductions. Here are a few of the most common self-employment tax deductions: 1. Self-Employment Tax Deduction

  5. 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...

  6. Why More People Are Opting for the Standard Deduction in 2023

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    You do that by claiming deductions. Find Out: 8 IRS Secrets To Know for the 2023 Tax Filing Season ... you’re only as good as your receipts. The standard deduction, on the other hand, does not ...

  7. Effortless Tax Deductions: 6 Write-Offs You Don’t ... - AOL

    www.aol.com/finance/effortless-tax-deductions-6...

    As MoneyTalksNews reported, for the 2023 tax year — the one due in spring 2024 — workers younger than age 50 can contribute up to $6,500 to an IRA, while those age 50 and older can contribute ...

  8. The Best Tax Deductions and Tax Breaks for 2023-2024 - AOL

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

    Some deductions remain every year, but others change or disappear, and new ones crop up. Learn the most common tax deductions available. The Best Tax Deductions and Tax Breaks for 2023-2024

  9. Take advantage of these 15 commonly missed tax deductions - AOL

    www.aol.com/finance/advantage-15-commonly-missed...

    Self-Employment Expenses Self-employed taxpayers don't get a Form W-4 and can't take advantage of certain payroll deductions, but they can take advantage of many of the small-business tax deductions.

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