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2. Retirees 65 and Older Eligible for Extra Standard Deduction ...

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   A married couple of two 65+ adults would take a total deduction of $27,700 (standard deduction) plus $1,500 for one 65+ adult plus $1,500 for second 65+ adult — a total of $30,700.

3. How all 50 states tax retirement income: A ... - AOL

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   The state offers a $1,000 tax break to residents who are 65 or older and a $500 exemption if their AGI is less than $20,000 for single filers and $40,000 for joint filers. And if you're a veteran ...

4. Retirees Often Overlook These 11 Tax Deductions - AOL

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   Here are 11 tax deductions senior citizens should know about. ... is increased for those age 65 or older. For tax year 2023, the addition to the standard deduction for individuals 65 and older is ...

5. Tax breaks after 50 you might not know about - AOL

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   Here are additional 2025 standard deductions for those over 65 showing the IRS’s tax inflation adjustments: Joint filers and surviving spouses can deduct an additional $1,600 per person over 65 ...

6. 20 Valuable Tax Breaks for Seniors - AOL

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   The so-called golden years can be financially challenging, but state and federal tax breaks can provide some silver linings. Find out what's available. 20 Valuable Tax Breaks for Seniors

7. 8 Tax Breaks Retirees Can Prepare to Use for 2024 - AOL

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   The post Common Tax Breaks for Retirees appeared first on SmartReads by SmartAsset. ... the threshold for seniors aged 65 or older was $14,700 for single filers and $28,700 for joint filers (who ...

8. AARP Offers Free Tax Help for Seniors — Here’s What To Know

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   If you are 65, married, file a joint return with a spouse who’s also 65 or older and have nonexempt income of $32,300 or more (or $30,750 if your spouse is under 65 years old).

9. 6 Hidden Tax Breaks for Retirees - AOL

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   Getting older can unlock these retirement tax breaks. Getting older can unlock these retirement tax breaks. Skip to main content. Subscriptions; Animals. Business ... new; News. Science & Tech.