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2. 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 ...

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

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   For tax year 2023, the additional standard deduction amounts for taxpayers who are 65 and older OR blind are: $1,850 for single or head of household. $1,500 for married taxpayers (per qualifying ...

4. Are My Medicare Premiums Tax Deductible? - AOL

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   This deduction includes any premiums you pay with Medicare parts A, B, C and D, as well as Medicare Advantage and Medigap premiums. You claim this deduction on Schedule 1 when filing Form 1040.

5. 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.

6. Inflation Tax Adjustments For 2023: What You Need to Know - AOL

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   For tax year 2023 the IRS adjusted that same 12% bracket by $725, an increase of 6.5%. What Is The Impact of the New Brackets? Any upward adjustment to the standard deduction or tax brackets is an ...

7. Medicare and taxes: How your 2023 Medicare premiums are ...

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   As you begin the process of filing 2021 taxes, you should be aware that what goes on a completed Form 1040 will have an impact on what premiums you will be paying in 2023.

8. Taxes 2023: Which Credits and Deductions Apply to You? - AOL

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   Tax credits and deductions were already confusing many of us before all of this year's substantial changes. Good Question: What Is the Standard Deduction for People Over 65 in 2023? FICO Fix: 3...

9. Are Medicare premiums tax deductible? Yes—but only in ... - AOL

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   In a May 2021 RetireGuide survey, 91% of the participants didn’t know that Medicare premiums could be tax-deductible. While that’s a big number, the complicated nature of both Medicare and ...