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  2. What retirees can do right now to reduce next year's taxes - AOL

    www.aol.com/finance/retirees-heres-now-reduce...

    The marginal tax rate in 2024, for example, is 24% for incomes over $100,525 ($201,050 for married couples filing jointly). A decade ago, it was around 28%. “People who don’t really need the ...

  3. I'm Retired. How Much Income Can I Make Before It Triggers Taxes?

    www.aol.com/much-retired-person-earn-without...

    With that, Uncle Sam would require you to pay federal taxes on a portion of your Social Security benefits. As another example, let's say a married couple filing jointly receives Social Security ...

  4. I'm Retired. Can I Ever Stop Filing Taxes? - AOL

    www.aol.com/im-senior-ever-stop-filing-130049547...

    Taxes aren’t determined by age, so you will never age out of paying taxes. Basically, if you’re 65 or older, you have to file a tax return in 2022 if your gross income is $14,700 or higher. If ...

  5. 7 Things Retirees Need To Know About Filing Income Tax Returns

    www.aol.com/7-things-retirees-know-filing...

    Social Security Income is Taxable. “Up to 85% of your Social Security benefit might be included in your taxable income,” said Justin Pritchard, CFP at Approach Financial, Inc. “That’s a ...

  6. Internal Revenue Service - Wikipedia

    en.wikipedia.org/wiki/Internal_Revenue_Service

    The Internal Revenue Service ( IRS) is the revenue service for the United States federal government, which is responsible for collecting U.S. federal taxes and administering the Internal Revenue Code, the main body of the federal statutory tax law. It is an agency of the Department of the Treasury and led by the Commissioner of Internal Revenue ...

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

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

    The IRS considers an individual to be 65 on the day before their 65th birthday. The standard deduction for those over age 65 in 2023 (filing tax year 2022) is $14,700 for singles, $27,300 for ...

  8. Defense Finance and Accounting Service - Wikipedia

    en.wikipedia.org/wiki/Defense_Finance_and...

    The Defense Finance and Accounting Service (DFAS) is an agency of the United States Department of Defense (DOD), headquartered in Indianapolis, Indiana.The DFAS was established in 1991 under the authority, direction, and control of the Under Secretary of Defense (Comptroller)/Chief Financial Officer to strengthen and reduce costs of financial management and operations within the DOD.

  9. Do retirees need to file a tax return this year? Savvy ... - AOL

    www.aol.com/retirees-file-tax-return-savvy...

    To get a detailed breakdown on federal filing requirements, along with information on taxable and nontaxable income, call the IRS at 800-829-3676 and ask them to mail you a free copy of the ...

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