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2. What Is the Standard Deduction Amount for 2022-2023 and ... - AOL

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   When you file your federal income tax return, you have two choices: take the standard deduction or itemize your deductions. Check Out: 8 IRS Secrets To Know for the 2023 Tax Filing SeasonMore: 3 ...

3. Standard deduction - Wikipedia

   en.wikipedia.org/wiki/Standard_deduction

   Standard deduction in 2023 70-year-old single individual $13,850 + $1,850 = $15,700 40-year-old single individual who is blind $13,850 + $1,850 = $15,700 Married couple, ages 78 and 80, one of whom is blind $27,700 + $1,500 + $1,500 + $1,500 = $32,200 Dependent who earns $200 in 2023 $1,250 (minimum standard deduction for dependents)

4. Major Tax Changes for 2022 You Need To Know - AOL

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   The 2022 standard deductions for all filing statuses are as follows: Single: $12,950 (up from $12,550 in 2021) Head of Household: $19,400 (up from $18,800) Married Filing Jointly: $25,900 (up from ...

5. Tax brackets and standard deduction to increase for 2022 tax ...

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   The standard deduction — claimed by most taxpayers — will increase to $25,900, which is $800 more for married couples filing jointly for the tax year 2022. For single taxpayers and married ...

6. Income tax in the United States - Wikipedia

   en.wikipedia.org/wiki/Income_tax_in_the_United...

   Standard deduction: Individuals get a deduction from taxable income for certain personal expenses. An individual may claim a standard deduction. For 2021, the basic standard deduction was $12,550 for single individuals or married persons filing separately, $25,100 for a joint return or surviving spouse, and $18,800 for a head of household.

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

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   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 ...

8. What Is the Standard Tax Deduction? - AOL

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   Every year, filing your taxes can be a daunting — and pricey — task. The federal government requires you to pay taxes, but there are ways to minimize how much you owe. One of those ways is by ...

9. 2022 Tax Deductions for Traditional, Roth IRAs - AOL

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   Continue reading → The post 2022 Tax Deductions for Traditional, Roth IRAs appeared first on SmartAsset Blog. However, depending on your income, work situation and the type of IRA chosen, your ...