deduction Archive
Tax
What is the standard deduction for married filing jointly? In the United States, the standard deduction is a dollar amount that reduces the income taxes a person or married …
Tax
Ah, the standard deduction for seniors over 65, the time has come for you to stand up and take advantage of this great deduction! For 2023 the IRS standard …
Tax
The standard deduction is a tax benefit that reduces the amount of income tax you are required to pay. It was designed to simplify the tax-filing process by reducing …
Tax Deductions
The standard deduction is a deduction that is available to all taxpayers who do not itemize their deductions on their tax returns. For seniors over the age of 65, …
Tax Credits
The tax deduction for energy efficient windows is 30% of the cost of the windows, up to $600. This deduction is available for both new and replacement windows. To …
Tax Deductions
Are Home Improvements Tax Deductible? Whenever you make a home improvement, such as replacing the windows or installing a brand-new HVAC system, you may be able to use those …
Tax Deductions
When people think of home repairs, they don’t generally think of doing them as a way to lower their tax liability. However, there are some ways that home repairs …
