There's still time to lower your taxes or boost your refund for 2024, financial experts say.
Typically, there's a refund when you overpay taxes during the year via withholdings or estimated payments.
Ask yourself 3 questions to tell if you're readyWhen filing taxes, you take the standard deduction or total itemized tax breaks, whichever is larger.
"It's tough to get over the standard deduction, especially if you're married," Rosen said.
For 2024, the standard deduction is $29,200 for married couples filing jointly and $14,600 for single filers.
Persons:
There's, Tricia Rosen, Donald Trump, Rosen
Organizations:
Finance
Locations:
withholdings, Newburyport , Massachusetts