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Newspaper
Lompoc Record
Location
Lompoc, California, United States of America
Date
Jan 22, 1970
Page
5
Elderly taxpayers can still gain benefits under 65 or older status including an extra $600 exemption after turning 65 a tax break on home sale profits and a Retirement Income Credit up to 457.20 on joint returns. The article outlines eligibility rules formulae and how Schedule R applies.
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