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  2. When is Tax Day 2025? All about deductions, income ... - AOL

    www.aol.com/tax-day-2025-deductions-income...

    The standard deduction for 2024 is $14,600 for individuals, $29,200 for married couples filing jointly. ... it’s $1,950 if you are single or filing as a head of household, and $1,550 for married ...

  3. IRS announces new tax brackets for 2024. What does that mean ...

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

    IRS focuses in on uber-wealthy: ... The standard deduction for single taxpayers will be, $14,600, an increase from $13,850 in 2023. ... Tax brackets for people filing as single individuals for ...

  4. Standard deduction - Wikipedia

    en.wikipedia.org/wiki/Standard_deduction

    Standard deduction in 2023 70-year-old single individual $13,850 + $1,850 = $15,700 40-year-old single individual who is blind $13,850 + $1,850 = $15,700 Married couple, ages 78 and 80, one of whom is blind $27,700 + $1,500 + $1,500 + $1,500 = $32,200 Dependent who earns $200 in 2023 $1,250 (minimum standard deduction for dependents)

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

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

    Say, for example, you earned $100,000 last year and plan to take the standard deduction as a single filer. This lowers your taxable income to $87,050. Instead of paying tax on $100,000 in income ...

  6. IRS announces new income tax brackets - AOL

    www.aol.com/irs-announces-income-tax-brackets...

    If you are someone who likes to plan ahead on your taxes, the IRS this week released the new inflation-adjusted income tax brackets and standard deduction amounts that will be in effect for tax ...

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

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

    The lowest rate is 10% for incomes of single individuals with incomes of $11,600 or less ($23,200 for married couples filing jointly). ... IRS Increases Tax Deductions $1,500 To Adjust for ...

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