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

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

    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 ...

  3. Retirees Often Overlook These 11 Tax Deductions - AOL

    www.aol.com/retirees-often-overlook-11-tax...

    For tax year 2023, the addition to the standard deduction for individuals 65 and older is $1,850 for single filers and $1,500 each for married taxpayers. There is an additional increase to the ...

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

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

    For tax year 2023, the additional standard deduction amounts for taxpayers who are 65 and older OR blind are: $1,850 for single or head of household. $1,500 for married taxpayers (per qualifying ...

  5. 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).

  6. 2023 Tax Brackets Are Here: Here’s What You’ll Owe Next Year

    www.aol.com/2021-tax-brackets-ll-owe-200004557.html

    For the 2023 tax year, the standard deduction is: $13,850 for single taxpayers and married individuals filing separately, up $900. $27,700 for married couples filing jointly and surviving spouses ...

  7. 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

  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. List of U.S. states by adjusted per capita personal income

    en.wikipedia.org/wiki/List_of_U.S._states_by...

    The Bureau of Economic Analysis has calculated that the regional price parity of U.S. states ranges from 84.4 in Mississippi (the cheapest state in which to live) to Hawaii at 119.3 (the most expensive state). In other words, an income of $0.84 in Mississippi equals an income of $1.19 in Hawaii with the U.S as a whole having an average PCPI of ...

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