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  2. 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 ...

  3. Retirees Often Overlook These 11 Tax Deductions - AOL

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

    Between $25,000 and $34,000, there are also significant reductions in federal income tax. 10. Credit for the Elderly or the Disabled. The Credit for the Elderly or the Disabled provides a tax ...

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

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

    Double hit in 2025. For those of you who turn 73 this year, the jig is up. For decades, you’ve been squirreling away retirement savings, allowing them to grow tax-free. Now it's time to start ...

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

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    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 ...

  6. 7 Things Retirees Need To Know About Filing Income Tax ... - AOL

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    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 ...

  7. 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 ...

  8. 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 ...

  9. 8 Tax Breaks Retirees Can Use in 2024 - AOL

    www.aol.com/finance/8-tax-breaks-retirees-2024...

    Consider tax diversification: Maintain a mix of taxable, tax-deferred, and tax-free accounts (like Roth IRAs) to provide flexibility in retirement income planning.

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