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2. 7 Overlooked Tax Breaks After Divorce That Could Save ... - AOL

   www.aol.com/7-overlooked-tax-breaks-divorce...

   You could be eligible for some tax breaks once your divorce is finalized. ... This status offers a higher standard deduction compared to single filers ($20,800 vs. $13,850 for tax year 2023) and ...

3. Alimony and Child Support: Tax Rules For 2025 - AOL

   www.aol.com/finance/alimony-child-support-tax...

   On or before December 31, 2018: If you finalized the divorce by the end of 2018, you may be able to claim a tax deduction. The alimony recipient may also need to pay taxes on the money they received.

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

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

   Single filers and heads of households can deduct an additional $2,000 — up from $1,950 last year. Claiming a standard deduction means that you won’t be able claim any itemized deductions ...

5. Marriage penalty - Wikipedia

   en.wikipedia.org/wiki/Marriage_penalty

   Under these tax rates, two single people who each earned $87,850 would each file as "Single" and each would pay a marginal tax rate of 25%. However, if those same two people were married, their combined income would be exactly the same as before (2 * $87,850 = $175,700), but the "Married filing Jointly" tax brackets would push them into a ...

6. 8 Best Tax Tips for Single Parents - AOL

   www.aol.com/8-best-tax-tips-single-200015781.html

   Be unmarried on the last day of the tax year. ... If your divorce or separation agreement was executed after Dec. 31, 2018, alimony payments are not deductible for the spouse who makes the ...

7. Standard deduction - Wikipedia

   en.wikipedia.org/wiki/Standard_deduction

   Standard deduction in 2023 70-year-old single individual $13,850 + $1,850 = $15,700 40-year-old single individual who is blind $13,850 + $1,850 = $15,700 Married couple, ages 78 and 80, one of whom is blind $27,700 + $1,500 + $1,500 + $1,500 = $32,200 Dependent who earns $200 in 2023 $1,250 (minimum standard deduction for dependents)

8. 16 Tax Tips for Single-Income Families - AOL

   www.aol.com/finance/16-tax-tips-single-income...

   A working spouse can contribute up to $6,000 a year — or $7,000 if you are over 50 — to an account for the benefit of the non-working spouse. ... you qualify for other tax deductions and ...

9. Kansas income tax cuts are coming: Legislature passes deal ...

   www.aol.com/kansas-income-tax-cuts-coming...

   Under current Kansas law, the brackets are set at 3.1%, 5.25% and 5.7%, with individuals making over $30,000 a year in taxable income taxed at the top rate. ... with individuals making over ...