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

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   The standard deduction amounts for 2023 are $27,700 if you’re married filing jointly (an increase of $1,800 from 2022), $20,800 for heads of households (a $1,400 gain) and $13,850 for single ...

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

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   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 ...

4. Retirees Often Overlook These 11 Tax Deductions - AOL

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   Here are 11 tax deductions senior citizens should know about. ... for those age 65 or older. For tax year 2023, the addition to the standard deduction for individuals 65 and older is $1,850 for ...

5. 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)

6. I'm Going to Retire but Will Work Part Time. How Much Can I ...

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   Married retirees filing jointly, who earn less than $26,450 if one spouse is 65 or older or who earn less than $27,800 if both spouses are age 65 or older. Married retirees filing separately who ...

7. 2023 Tax Changes You Need to Know About Now - AOL

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   The standard deduction for single filers, as well as those married filing separately in the 2023 tax year, is $13,850 (up from $12,950 in 2022). For married couples filing jointly, the standard ...

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

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   A breakdown of the maximum you can earn without filing isn’t yet available for the 2024 tax year, though you can get a sense of what to expect from 2023 tax year maximums: Single filers over 65 ...

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

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   When you file your federal income tax return, you have two choices: take the standard deduction or itemize your deductions. Check Out: 8 IRS Secrets To Know for the 2023 Tax Filing SeasonMore: 3 ...