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  2. The standard deduction is a fixed deduction that varies depending on your filing status, age and dependent status. This year, the standard deduction is $12,950 for those filing single or married ...

  3. Taxes 2023: Credits, deductions and tax breaks for student ...

    www.aol.com/finance/taxes-2023-credits...

    Updated January 11, 2023 at 10:26 AM. ... Here are some of the best college-related tax credits, deductions and other tax breaks that you may be able to take. ... Student Loan Interest Deduction.

  4. The Best Tax Deductions and Tax Breaks for 2023-2024 - AOL

    www.aol.com/most-americans-think-taking-entitled...

    Your deduction for charitable contributions generally can’t be more than 60% of your adjusted gross income, but in some cases, 20%, 30%, or 50% limits may apply.

  5. Standard deduction - Wikipedia

    en.wikipedia.org/wiki/Standard_deduction

    Learn about the standard deduction, a tax benefit for non-itemizers in the US, based on filing status and age. Find out the amounts, conditions, and examples of the standard deduction for different years.

  6. Taxes 2023: Here are the biggest tax changes this year - AOL

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    EITC CTC 2023 Filing Season The enhanced CTC was not extended and returns to $2,000 per child dependent for the 2022 tax year, down from $3,600 last year. The other big change to the CTC is that ...

  7. 2023-2024 tax brackets and federal income tax rates - AOL

    www.aol.com/finance/2023-2024-tax-brackets...

    If you have enough deductions to exceed the standard deduction for your filing status ($13,850 for taxes due in 2024 and $14,600 for 2025 tax filings), you can itemize those expenses to lower your ...

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