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

    www.aol.com/finance/standard-deduction-people...

    The standard deduction for those over age 65 in 2023 (filing tax year 2022) is $14,700 for singles, $27,300 for married filing jointly if only one partner is over 65 (or $28,700 if both are), and ...

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

    www.aol.com/retirees-65-older-eligible-extra...

    For tax year 2023, the additional standard deduction amounts for taxpayers who are 65 and older OR blind are: $1,850 for single or head of household. $1,500 for married taxpayers (per qualifying ...

  4. Individuals who are 65 or older and those who are blind can claim an additional $1,750 for tax-year 2022, bringing their total standard deduction to $14,700. ... Social Security, unemployment ...

  5. Social Security 2023: 5 Tax Breaks Social Security ... - AOL

    www.aol.com/social-security-2023-5-tax-110053573...

    Social Security recipients can stash up to $7,500 in pre-tax dollars in an IRA in 2023, up from $7,000 last year. Contributions to a health savings account (HSA) might also be tax-deductible and ...

  6. States that tax Social Security benefits — including changes ...

    www.aol.com/finance/states-that-tax-social...

    The good news is that Montana residents over age 65 can take a new standard $5,500 deduction from their federal taxable income for the 2024 tax year. ... 2024 tax year — 35% of Social Security ...

  7. What Is the Standard Deduction Amount for 2022-2023 and When ...

    www.aol.com/difference-between-standard...

    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.

  8. Final Reminder: These Social Security Changes Take Effect in 2023

    www.aol.com/final-reminder-social-security...

    For most Social Security recipients, the biggest change set to take effect in 2023 is an 8.7% cost-of-living adjustment -- the highest in 41 years. But that's far from the only change heading into ...

  9. 2023 Social Security: 6 Numbers You Need to Know - AOL

    www.aol.com/finance/2023-social-security-6...

    If you are wondering about Social Security earnings limits, what is full retirement age, and average Social Security benefits, here are six numbers you should know. Social Security: Women Get $354 ...

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