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2. A Guide to Tax Breaks for Medical Expenses for Seniors - AOL

   www.aol.com/guide-tax-breaks-medical-expenses...

   If you have a long-term care insurance policy, you can also deduct a portion of the premiums you pay for that coverage based on your age — up to $1,630 in 2020 for ages 51 to 60, up to $4,350 ...

3. Are Health Insurance Premiums Tax Deductible? - AOL

   www.aol.com/finance/health-insurance-premiums...

   The IRS Self-Employed Health Insurance Deduction Form guides you through the process of determining your deductible health insurance premium amount. To complete the form, you will need to be ...

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

   www.aol.com/finance/tax-breaks-after-50-you...

   Here are additional 2025 standard deductions for those over 65 showing the IRS’s tax inflation adjustments: Joint filers and surviving spouses can deduct an additional $1,600 per person over 65 ...

5. Health insurance in the United States - Wikipedia

   en.wikipedia.org/wiki/Health_insurance_in_the...

   In the United States, Medicare is a federal social insurance program that provides health insurance to people over the age of 65, individuals who become totally and permanently disabled, end stage renal disease (ESRD) patients, and people with ALS.

6. Disposable income - Wikipedia

   en.wikipedia.org/wiki/Disposable_income

   For the purposes of calculating the amount of income subject to garnishments, United States' federal law defines disposable income as an individual's compensation (including salary, overtime, bonuses, commission, and paid leave) after the deduction of health insurance premiums and any amounts required to be deducted by law.

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

   www.aol.com/retirees-65-older-eligible-extra...

   A married couple of two 65+ adults would take a total deduction of $27,700 (standard deduction) plus $1,500 for one 65+ adult plus $1,500 for second 65+ adult — a total of $30,700.

8. Premium tax credit - Wikipedia

   en.wikipedia.org/wiki/Premium_tax_credit

   An eligible individual or household purchasing insurance through a health exchange can receive the PTC if the cost of a "silver" insurance plan, defined by the ACA as a plan whose premiums cover 70% of the insured's health care costs, would exceed a set percentage of their income; under the original text of the ACA, this income percentage ...

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

   www.aol.com/standard-deduction-people-over-65...

   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 ...