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

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

    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 ...

  3. What Is the Standard Deduction for People Over 65 in 2023? - AOL

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

    When former President Donald Trump overhauled the U.S. tax code in Dec. 2017, new income brackets and standard deduction amounts came into effect that changed how much Americans pay in taxes -- and...

  4. 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). Consider the ...

  5. Retirees Often Overlook These 11 Tax Deductions - AOL

    www.aol.com/retirees-often-overlook-11-tax...

    However, some seniors may not be aware that this deduction is increased for those age 65 or older. For tax year 2023, the addition to the standard deduction for individuals 65 and older is $1,850 ...

  6. Personal exemption - Wikipedia

    en.wikipedia.org/wiki/Personal_exemption

    Personal exemption. Under United States tax law, a personal exemption is an amount that a resident taxpayer is entitled to claim as a tax deduction against personal income in calculating taxable income and consequently federal income tax. In 2017, the personal exemption amount was $4,050, though the exemption is subject to phase-out limitations.

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

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

    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.

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  2. H&R Block® Tax Filing - Tax Help, However You Need It

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  3. TaxAct® Official Site - It's Time to File Your Taxes

    TaxAct helps you maximize your deductions with easy to use tax filing software. Over 90 million taxes filed with TaxAct. Start basic federal filing for free.

  4. Tax Deductions - Get Your Tax Deductions

    thecountyoffice.com has been visited by 1M+ users in the past month

    Unlock tax benefits. File your taxes now to discover potential deductions. Check all IRS tax forms with instructions to file your taxes with ease.

  5. Individual Income Tax - Get Your Tax Deductions

    Unlock tax benefits. File your taxes now to discover potential deductions. Check all IRS tax forms with instructions to file your taxes with ease.

  6. Save Time With Online Tax Help - Tax Help Available 24/7

    Get Expert Answers Online. Ask About State Tax Forms, Tax Extensions, Deadline and More. Have Various Tax Questions? Get Answers From Online Tax Specialists in Real Time via Chat.

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