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

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   The 2024 tax year standard deductions will increase to $29,200 for married couples filing jointly, up $1,500 from $27,700 for the 2023 tax year. The standard deduction for single taxpayers will be ...

3. The Best Tax Deductions and Tax Breaks for 2024-2025 - AOL

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   The standard deduction amounts for tax year 2024 are as follows: Single filers: $14,600. Married filing separately: $14,600. Married couple filing jointly: $29,200. Heads of household: $21,900 ...

4. 4 Ways To Find Tax Deductions That Work for You in 2025 - AOL

   www.aol.com/finance/4-ways-tax-deductions-2024...

   According to the IRS, deductions lower your income before you calculate the tax you owe. Most people take the standard deduction — for 2024 that will be $14,600 for single individuals or $29,200 ...

5. Mortgage Interest Deduction: Limits and How It Works - AOL

   www.aol.com/finance/mortgage-interest-deduction...

   For tax year 2024, the standard deduction is $14,600 for single filers and married individuals filing separately, $21,900 for heads of household, and $29,200 for married couples filing jointly. If ...

6. Trump’s back in office — here’s what to expect for your taxes ...

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   That said, a good portion of foreign income — in 2024, $126,500 for qualified single filers and $253,000 for qualified married-filing-jointly filers — is excluded from U.S. tax.

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

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

   The Internal Revenue Service (IRS) announced its annual inflation adjustments for tax year 2024 on Nov. 9. Billionaires vs. the Middle Class: Who Pays More in Taxes?Find: What To Do If You Owe Back...

8. IRS announces higher standard deduction, new tax ... - AOL

   www.aol.com/irs-announces-higher-standard...

   The standard deduction climbs to $30,000 — up $800 from 2024 — for married couples filing jointly. For heads of households, the standard deduction will be $22,500 for tax year 2025 — up $600 ...

9. Some might see a bigger 2024 tax refund after inflation ...

   www.aol.com/finance/might-see-bigger-2024-tax...

   The standard deduction is rising 6.9% or 7.2%, depending on filing status, while the Earned Income Tax Credit amount will increase by 7.1%, the Internal Revenue Service announced this week.