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

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

    Retired heads of household age who earned less than $20,500. Retired qualifying widowers who earned less than $26,450. For those with an income below the listed thresholds, you may not have to pay ...

  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. 10 Most Tax-Friendly States for Retirees, 2019 - AOL

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    We also gave them a $400,000 home (with a small mortgage) and $10,000 in deductible medical expenses.All the states on our "most tax-friendly" list exempt Social Security benefits from state ...

  5. 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 ...

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

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    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 ...

  7. 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 ...

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