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2. 4 Ways To Find Tax Deductions That Work for You in 2025 - AOL

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   Most people take the standard deduction — for 2024 that will be $14,600 for single individuals or $29,200 for married couples filing jointly. The amount of the standard deduction changes to ...

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 follows:

4. Can you deduct your home office on your taxes? It's not just ...

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   Need to know: When is Tax Day 2024? Deadlines for filing tax returns, extensions and what you need to know. ... Home office deductions only apply to small business owners who are self-employed. If ...

5. Work From Home Tax Deductions: How To Claim Them - AOL

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   December 11, 2024 at 4:45 PM. ... Learn more about the home office tax deduction, and how it could apply to you. Read: 3 Ways Smart People Save Money When Filing Their Taxes.

6. Tax deductions and credits may boost your refund. Which ones ...

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   Student Loan Interest Deduction: If you made a payment on your student loans in 2024, you may deduct the amount of interest you paid on them or $2,500 from your taxable income, whichever is less.

7. 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...

8. What Is the Tax Cuts and Jobs Act (TCJA)? - AOL

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   In 2024, the standard deduction for single filers is $14,600, but will increase to $15,000 next year. For married couples filing jointly, the deduction is $29,200 in 2024. It will increase to ...

9. 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