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  2. What Are the 2020-2021 Federal Tax Brackets and Tax Rates?

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    The standard deduction for joint filers increases by $300 over 2020 levels to $25,100 in 2021. For individuals, it rises by $150 to $12,550. As mandated by the Tax Cuts and Jobs Act, the personal...

  3. 75 percent of eligible households ignore this retirement tax ...

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    According to the Internal Revenue Service, the Saver’s Credit is worth 10 percent, 20 percent or even 50 percent of your retirement plan contributions up to $2,000 (or $4,000 for married people ...

  4. IRS Tax Brackets: Here’s How Much You’ll Pay in ... - AOL

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    For tax year 2020, the standard deduction rises from 2019 levels to $12,400 for single filers, $24,800 for married filing jointly, $12,400 for married filing separately and $18,650 for heads of...

  5. 3 Tax Credits Every Parent Should Know - AOL

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    You must meet certain income limits, which are subject to change each year. The IRS website lists the limits for the 2020 tax year. Discover: What Are the 2020-2021 Federal Tax Brackets and Tax Rates?

  6. 3 Tax Credits Every Parent Should Know - aol.com

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    When you're a parent, every little bit of credit helps at tax time. If you have dependents and meet certain conditions set forth by the Internal Revenue Service (IRS), you might be eligible for ...

  7. Earned income tax credit - Wikipedia

    en.wikipedia.org/wiki/Earned_income_tax_credit

    A qualifying "child" who is a full-time student (one long semester or equivalent) can be up to and including age 23. And a person classified as "permanently and totally disabled" (one year or more) can be any age and count as one's qualifying "child" provided the other requirements are met.

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