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2. 20 Valuable Tax Breaks for Seniors - AOL

   www.aol.com/finance/20-valuable-tax-breaks...

   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

3. Retired? Don't Overlook These Sweet Tax Breaks - AOL

   www.aol.com/retired-dont-overlook-sweet-tax...

   For the tax year 2024, the standard deduction for a single taxpayer under the age of 65 is $14,600. If you're 65 or older, you can increase that amount by $1,950 to $16,550.

4. 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.

5. All the States That Provide Tax Breaks for Seniors - AOL

   www.aol.com/states-tax-breaks-seniors-130027018.html

   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 ...

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

   www.aol.com/finance/tax-breaks-after-50-you...

   The Tax Credit for the Elderly or Disabled allows low-income Americans ages 65 and older to claim a tax credit of $3,750 to $7,500, depending on your income, filing status and other factors.

7. A Guide to Tax Breaks for Medical Expenses for Seniors - AOL

   www.aol.com/guide-tax-breaks-medical-expenses...

   Another way to get a tax break for medical expenses, even if you don’t itemize, is to use tax-free money from a health savings account. ... dental and hearing care, plus other eligible expenses ...

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

   www.aol.com/finance/8-tax-breaks-retirees-2024...

   Certain taxpayers aged 65 or older are eligible for the elderly credit, which is a tax break that could mitigate the amount of tax owed up to $7,500. To qualify for this credit include Individuals ...

9. 3 Ways to Lower Your Taxes Without Breaking the Law

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   There’s also a new change to 401(k) contributions that could give older savers an even bigger tax break. Dubbed the super catch-up, workers aged 60 to 63 this year can make a catch-up ...