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  2. How to Reduce Your Taxes on Pass-Through Income - AOL

    www.aol.com/6-smart-ways-reduce-taxes-130049484.html

    Pass-through income is taxed as ordinary income, which are generally the highest tax brackets that taxpayers pay. In 2022, ordinary income tax rates range from 10% to 37%. In 2022, ordinary income ...

  3. How Can I Protect My Income From Taxes in 2024? - AOL

    www.aol.com/finance/protect-income-taxes-2024...

    While you can’t avoid taxes, the IRS allows you to lower your tax burden by combining tax deductions and credits. Here are nine common tax-saving strategies to protect your wealth. A financial ...

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

    www.aol.com/finance/taxes-2024-irs-increases-tax...

    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.

  5. Late payment penalties are generally 0.5% of the unpaid tax per month, though that can build to as much as 25%. If things get that bad, the IRS is usually willing to take a lower amount via a ...

  6. IRS releases 2024 tax brackets. See how it affects you and ...

    www.aol.com/irs-releases-2024-tax-brackets...

    For married individuals in 2024, the tax brackets will differ as follows: Income up to $23,200 will be taxed at a rate of 10% of the taxable income. 12% for incomes over $23,200

  7. How Much Do I Need To Make To File Taxes? Here’s How to Know

    www.aol.com/finance/taxes-2024-file-tax-return...

    IRS Direct File: New in 2025, you may qualify to file your taxes online for free through Direct File. Only certain taxpayers in participating states qualify to file federal tax returns this way.

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