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

   www.aol.com/finance/standard-deduction-people...

   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 ...

3. Standard deduction - Wikipedia

   en.wikipedia.org/wiki/Standard_deduction

   For dependents, the standard deduction is equal to earned income (that is, compensation for services, such as wages, salaries, or tips) plus a certain amount ($400 in 2023). A dependent's standard deduction cannot be more than the basic standard deduction for non-dependents, or less than a certain minimum ($1,250 in 2023).

4. Inflation Tax Adjustments For 2023: What You Need to Know - AOL

   www.aol.com/inflation-tax-adjustments-2023-know...

   The new standard deductions for personal income taxes apply as follows: Individuals: $13,850 in 2023, a $900 increase Head of Household: $20,800, a $1,400 increase

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

   www.aol.com/retirees-65-older-eligible-extra...

   The standard deduction amounts for 2023 are $27,700 if you’re married filing jointly (an increase of $1,800 from 2022), $20,800 for heads of households (a $1,400 gain) and $13,850 for single ...

6. What Is the Standard Deduction Amount for 2022-2023 and When ...

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   Here are the standard deductions for the 2022 and 2023 tax years: Single: $12,950 for 2022, $13,850 for 2023. Married, filing jointly: $25,900 for 2022, $27,700 for 2023.

7. Why More People Are Opting for the Standard Deduction in 2023

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   The number of filers who itemized dropped from 46.5 million in 2017 to 18 million in 2018 as 90% of taxpayers opted for the newer, bigger, better standard deduction. The Standard Deduction Doesn ...

8. 2023 Tax Updates: What Changes Can You Expect in the ... - AOL

   www.aol.com/finance/2023-tax-updates-changes...

   The standard deduction for married couples filing jointly for tax year 2023 rises to $27,700, up $1,800 from 2022. For single taxpayers and married individuals filing separately, the standard ...

9. State and local tax deduction - Wikipedia

   en.wikipedia.org/wiki/State_and_local_tax_deduction

   t. e. The United States federal state and local tax (SALT) deduction is an itemized deduction that allows taxpayers to deduct certain taxes paid to state and local governments from their adjusted gross income. The SALT deduction intent is to avoid double taxation by allowing taxpayers to deduct state and local taxes from their federal income.