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

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   For the 2024 tax year, Hawaii’s standard deduction doubles to $4,400 for single filers and $8,800 for married couples filing jointly. ... Iowa. Taxes are coming down for Iowa residents, ...

3. 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 ...

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. State income tax - Wikipedia

   en.wikipedia.org/wiki/State_income_tax

   Many states allow a standard deduction or some form of itemized deductions. ... 4.50% (2024) [32] Pennsylvania ... Iowa (all local taxes reported on state income tax ...

6. IRS announces higher standard deduction, new tax ... - AOL

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   The standard deduction climbs to $30,000 — up $800 from 2024 — for married couples filing jointly. For heads of households, the standard deduction will be $22,500 for tax year 2025 — up $600 ...

7. 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).

8. 4 Ways To Find Tax Deductions That Work for You in 2025 - AOL

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   December 24, 2024 at 10:01 AM. Luke Chan / iStock/Getty Images. ... The amount of the standard deduction changes to account for inflation and depends on your filing status, age, and whether you ...

9. 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...