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Icon for www.businessinsider.comBusiness Insider · Dec 10, 2024

Standard Deduction 2024: Everything You Need to Know

In 2024, it increased again, jumping about 5.4% from 2023 levels. Additional standard deduction for seniors and blind individuals If you are over age 65 or blind, you're eligible for an additional ...
GOBankingRates on MSN.com · 10d

Tax Deductions for Seniors: What You Can Claim in 2025

The IRS offers special tax breaks for seniors that can save you thousands as you get older. Here's what you need to know.
Icon for www.msn.comMSN · Oct 29, 2024

2025 Tax Deduction Change for Those Over Age 65

As it does each year, the IRS has announced inflation adjustments to several important credit and deduction amounts, set to take effect in 2025. This includes (but isn’t limited to) new 2025 ...
Icon for finance.yahoo.comYahoo Finance · 20d

Tax Day Countdown: 2 Ways Seniors Can Save Big and Give Back When They File

Two established tax strategies can help you achieve this goal with the IRS for the 2024 tax year ... don’t get a tax deduction for their charitable giving, due to standard deductions being ...
Icon for www.wane.comWane · 29d

How much do you need to earn to file taxes?

Which tax bracket am I in, and how much is the standard deduction? For 2024, you don’t need to file a tax return if all of these conditions apply: You are under age 65 You have a “Single ...
Icon for kfor.comOklahoma's News · 29d

How much do you need to earn to file taxes?

For 2024, you don’t need to file a tax return if all of these conditions apply: You are under age 65 ... standard deduction, they typically need to file. Similarly, children with unearned income ...