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

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   January 5, 2024 at 1:08 PM. insta_photos / Getty Images/iStockphoto. The new year is a great time to restore your finances. ... If you are 65 or older AND blind, the extra standard deduction is:

3. Standard deduction - Wikipedia

   en.wikipedia.org/wiki/Standard_deduction

   Additional amounts are available for persons who are blind and/or are at least 65 years of age. [4] The standard deduction is distinct from the ... 2024 [6] $14,600 ...

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

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   Here are additional 2024 standard deductions for those over 65 showing the IRS’s tax inflation adjustments: Joint filers and surviving spouses can deduct an additional $1,550 per person over 65.

5. Taxes 2023: What's the standard deduction for people over 65?

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   For tax year 2023 (filed in 2024), standard deductions have been increased to $13,850, $27,700 and $20,800 for singles or married but filing separately, married couples filing jointly (and ...

6. What are the tax brackets for tax years 2024 and 2025? What ...

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   For married couples filing jointly for tax year 2024, the deduction increased to $29,200, up $1,500 from tax year 2023, the IRS said. The IRS noted that for the head of household, the standard ...

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

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

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   The standard deduction is a dollar-for-dollar reduction of your taxable income. Nearly all taxpayers are entitled to this deduction. ... The standard deduction amounts for tax year 2024 are as ...

9. What Is the Standard Deduction Amount for 2022-2023 and ... - AOL

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   Here are the standard deductions for the 2022 and 2023 tax years: Single: $12,950 for 2022, $13,850 for 2023. Married, filing jointly: $25,900 for 2022, $27,700 for 2023.