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Powerball Jackpot Winner Will Get a Hefty Tax Bill
Lottery Taxes Whenever someone wins Powerball, the federal government gets a chunk of the prize from taxes.
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The Extra Standard Deduction for People Age 65 and Older
Tax Deductions The extra standard deduction can help older adults reduce their taxable income.
Tax Deductions -
Another IRS 1099-K Tax Change for Online Sellers
Selling Online Just in time for the holidays, the IRS is delaying a significant tax 1099-K reporting requirement for 2023.
Selling Online -
IRS 1099-K Form: Will You Get One for 2023?
Selling Online A new IRS 1099-K tax reporting requirement for payment networks like Venmo, PayPal, Amazon, and Cash App won't apply for 2023.
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Most Expensive States for Retired Military Service Members
Military Retirement Veterans can keep more of their military retirement pay by avoiding these high-taxed, most expensive states for retired service members.
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What's the 2023 Standard Deduction?
Tax Breaks Most people claim the standard deduction on their federal tax return instead of itemizing deductions. How much can you claim?
Tax Breaks -
Standard Deduction 2024 Amounts Are Here
Income Tax What will the standard deduction for your filing status be in 2024?
Income Tax -
Income Tax Brackets for 2024 Are Set
Income Tax The IRS has adjusted federal income tax bracket ranges for the 2024 tax year to account for inflation.
Income Tax -
2023 Federal Tax Brackets and Income Tax Rates: How They Work
Income Tax Depending on your taxable income each year, you can end up in one of seven different federal income tax brackets, each with its own marginal tax rate.
Income Tax
