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2. What are standard and itemized tax deductions? - AOL

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   Because of itemized deduction caps and the standard deduction increase, the standard deduction gives almost 90% of tax filers the biggest tax break. TurboTax makes deciding easy.

3. Standard deduction - Wikipedia

   en.wikipedia.org/wiki/Standard_deduction

   For dependents, the standard deduction is equal to earned income (that is, compensation for services, such as wages, salaries, or tips) plus a certain amount ($400 in 2023). A dependent's standard deduction cannot be more than the basic standard deduction for non-dependents, or less than a certain minimum ($1,250 in 2023).

4. Sales Tax Deduction: How to Claim and Save on Your 2025 Taxes

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   When you file your taxes, itemizing deductions can help you reduce your taxable income. Some people are eligible to deduct their sales tax. ... Your sales tax deduction is capped at $10,000 per ...

5. Itemized deduction - Wikipedia

   en.wikipedia.org/wiki/Itemized_deduction

   If the taxpayer is otherwise eligible to file a shorter tax form such as 1040EZ or 1040A, he or she would prefer not to prepare (or pay to prepare) the more complicated Form 1040 and the associated Schedule A for itemized deductions. The standard deduction is not allowed for calculating the alternative minimum tax (AMT). If the taxpayer claims ...

6. Tax deduction - Wikipedia

   en.wikipedia.org/wiki/Tax_deduction

   Above and below the line refers to items above or below adjusted gross income, which is item 37 on the tax year 2017 1040 tax form. [2] Tax deductions above the line lessen adjusted gross income, while deductions below the line can only lessen taxable income if the aggregate of those deductions exceeds the standard deduction, which in tax year ...

7. Most Americans Don’t Know the Standard Tax Deduction ... - AOL

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8. Taxpayers Get Thousands Back From These 9 Tax Deductions - AOL

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9. The 6 Most Important Tax Deductions You Need to Claim - AOL

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   The maximum deduction you can claim for all state and local taxes, including real estate and personal property tax, income tax and sales tax, is $10,000 — $5,000 if you’re married and filing ...