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  2. I'm Retired. How Can I Lower My Social Security Taxes? - AOL

    www.aol.com/social-security-taxes-hit-hard...

    Withdrawing money from retirement accounts can increase the taxes you owe on your Social Security benefits. This problem can lead a retiree in the 22% federal income tax bracket to pay a marginal ...

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

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    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 ...

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

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    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 ...

  5. 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 ...

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

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    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 ...

  7. 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 ...

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