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The Tax-Aide program is available in every state through easily accessible public spaces such as libraries, community centers and senior centers. Find a Tax-Aide location near you by visiting the ...
Use your bigger standard deduction: If you’re 65 or older and you don’t itemize deductions, you are entitled to a higher standard deduction. A single filer over 65 gets an extra $1,750 ...
New Hampshire doesn’t tax personal income, but it does have a 4% tax on dividends and interest with a total gross from all sources of $2,400 for individuals. This tax is set to be phased out by ...
For tax year 2023, the additional standard deduction amounts for taxpayers who are 65 and older OR blind are: $1,850 for single or head of household. $1,500 for married taxpayers (per qualifying ...
When Medical Expenses Are Tax-Deductible. Many medical expenses can be tax-deductible, but the rules have always been complicated: To qualify for this tax break, you need to itemize your ...
The state doesn’t offer any deductions to its seniors, but the flat tax is expected to reduce every year until it reaches 3.99% in 2027. ⭐ Quick facts: North Carolina. Social Security: Not taxable
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