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  2. All the States That Provide Tax Breaks for Seniors - AOL

    www.aol.com/states-tax-breaks-seniors-130027018.html

    These states include Colorado, Delaware, Idaho, Kentucky, Maryland, New Mexico, Oregon, South Carolina, West Virginia and the District of Columbia. Know that in some of these states, the tax ...

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

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

    This is nothing new, but the Secure Act 2.0 of 2022 has shifted how catch-up contributions will work for the next few years. For the 2024 tax year, if you’re 50 or older, you can contribute an ...

  4. 8 Tax Breaks Retirees Can Use in 2024 - AOL

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

    Certain taxpayers aged 65 or older are eligible for the elderly credit, which is a tax break that could mitigate the amount of tax owed up to $7,500. To qualify for this credit include Individuals ...

  5. Virginia Department of Taxation - Wikipedia

    en.wikipedia.org/wiki/Virginia_Department_of...

    Virginia. Headquarters. Richmond, Virginia. Employees. 430. Annual budget. $99.5m USD (2021) The Virginia Department of Taxation is the executive branch agency of the state government responsible for taxation in the state of Virginia in the United States. [1] [2] [3] [4]

  6. Virginia Tax Review - Wikipedia

    en.wikipedia.org/wiki/Virginia_Tax_Review

    The Virginia Tax Review (VTR) is one of the oldest student-run law journals at the University of Virginia School of Law, and is the only journal at the Law School to deal exclusively with tax and corporate topics. It is consistently one of the most influential tax law journals, alongside the Tax Law Review and the Florida Tax Review. [1]

  7. Personal exemption - Wikipedia

    en.wikipedia.org/wiki/Personal_exemption

    t. e. 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.

  8. 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 ...

  9. A Guide to Tax Breaks for Medical Expenses for Seniors - AOL

    www.aol.com/guide-tax-breaks-medical-expenses...

    If you have a long-term care insurance policy, you can also deduct a portion of the premiums you pay for that coverage based on your age — up to $1,630 in 2020 for ages 51 to 60, up to $4,350 ...

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