enow.com Web Search

Search results

1. Results from the WOW.Com Content Network

2. How all 50 states tax retirement income: A comprehensive list ...

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

   But retirees can take a $3,000 retirement income deduction through age 64, and a $10,000 deduction for seniors ages 65 and older. South Carolina also offers a $15,000 income tax deduction to all ...

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

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

   Before this decision, only seniors making up to $50,000 a year — or $100,000 if married and filing jointly — could deduct Social Security benefits from West Virginia state taxes. States that ...

4. Retirees Often Overlook These 11 Tax Deductions - AOL

   www.aol.com/retirees-often-overlook-11-tax...

   8. State Tax Exemptions for Seniors. Federal income tax isn’t the only area where senior citizens can save with the right tax deductions. States with personal income tax also offer a variety of ...

5. It's True: These 37 States Do Tax Some Retirement Income - AOL

   www.aol.com/finance/true-37-states-tax...

   Nevertheless, with most state income tax rates ranging anywhere from 4% to 13%, avoiding these income taxes could save you hundreds if not thousands of dollars per year.

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

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

   Once you or your spouse turn 65, you can qualify for an additional standard deduction on top of the basic standard deduction you’d normally receive — or $14,600 for individuals and $29,200 for ...

7. 6 Hidden Tax Breaks for Retirees - AOL

   www.aol.com/finance/6-hidden-tax-breaks-retirees...

   The deduction for a traditional IRA won’t reduce your Social Security tax, and the Social Security tax rate, like the Medicare tax rate, doesn’t change after you’ve retired. Learn: These Are ...

8. Are there special tax breaks for retirees? - AOL

   www.aol.com/article/finance/2016/11/11/are-there...

   Retiree taxes can be tricky to navigate, so it pays to explore the different tax deductions, exemptions, and tax credits that are unique to senior citizens.

9. 8 Tax Breaks Retirees Can Prepare to Use for 2024 - AOL

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

   The post Common Tax Breaks for Retirees appeared first on SmartReads by SmartAsset. ... for the 2024 tax year, the standard deduction for a single taxpayer stands at $14,600 and $29,200 for joint ...