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2. 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).

3. 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: ... Missouri and Nebraska taxed Social Security in 2023 but will not in 2024. Contact ...

4. How Paychecks Would Look in Each State If Trump Dropped ...

   www.aol.com/paychecks-look-state-trump-dropped...

   Missouri. Median household income: $55,461. ... household figures and income tax estimates using an in-house calculator for a person a single filer and using the standard deduction (with 2024 tax ...

5. Tax season 2025: Everything to know before you file, and how ...

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   Filing status. 2024 standard deduction amount. Single. $14,600 (up $750 from 2023) Head of household. $21,900 (up $1,100 from 2023) Married filing jointly

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

   www.aol.com/finance/states-that-tax-retirement...

   Missouri taxes private retirement income at rates between 2% and 4.7%, but allows for deductions of $32,000 for married joint filers, $25,000 for single filers and $16,000 for filers who are ...

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

   www.aol.com/irs-announces-higher-standard...

   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 ...