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2. Standard deduction - Wikipedia

   en.wikipedia.org/wiki/Standard_deduction

   For dependents, the standard deduction is equal to earned income (that is, compensation for services, such as wages, salaries, or tips) plus a certain amount ($400 in 2023). A dependent's standard deduction cannot be more than the basic standard deduction for non-dependents, or less than a certain minimum ($1,250 in 2023).

3. Sales Tax Deduction: How to Claim and Save on Your 2025 Taxes

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   Your sales tax deduction is capped at $10,000 per year, but can help reduce your taxable income. What items are eligible for itemized deductions? When you itemize your tax deductions, you can ...

4. Most Americans Don’t Know the Standard Tax Deduction ... - AOL

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   It's that time of the year again, and while doing taxes is not the most pleasant task, there's no way around it. One of the first questions Americans should consider is whether to take the standard...

5. What Is a Tax Deduction and How Do Tax Deductions Work? - AOL

   www.aol.com/finance/tax-deduction-tax-deductions...

   The federal government also grants a blanket standard deduction that is available to nearly all taxpayers, even if they don’t incur specific expenses that would qualify as itemized deductions.

6. Tax bracket - Wikipedia

   en.wikipedia.org/wiki/Tax_bracket

   If all itemized deductions are added up and it is less than the standard deduction, the standard deduction is taken. In 2007 this was $5,350 for those filing individually and $10,700 for married filing jointly. Personal exemption is a tax exemption in which the taxpayer may deduct an amount from their gross income for each dependent they claim ...

7. 9 things you didn't know were tax deductions - AOL

   www.aol.com/2020-02-03-9-things-you-didnt-know...

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8. Sales tax - Wikipedia

   en.wikipedia.org/wiki/Sales_tax

   Wholesale sales tax, a tax on sales of wholesale of tangible personal property when in a form packaged and labeled ready for shipment or delivery to final users and consumers; Retail sales tax, a tax on sales of retail of tangible personal property to final consumers and industrial users [3] Gross receipts taxes, levied on all sales of a ...

9. Taxpayers Get Thousands Back From These 9 Tax Deductions - AOL

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