These deductions can lower your taxes and are available to taxpayers across various income brackets and situations.

The net investment income tax (NIIT) is a 3.8 percent tax on net investment income for individuals exceeding certain income ...

You pay taxes on stocks you sell for a profit. How much you pay depends on how long you hold the stock, your income, and your ...

Social Security retirement benefits are subject to taxes in many cases. But familiarity with the rules and some advance ...

A deduction cuts the income you're taxed on, which can mean a lower bill. A credit cuts your tax bill directly.

While Social Security benefits are designed to provide a safety net, they are not always tax-free. Knowing whether you'll owe taxes on the benefits you receive is important as you budget ...

An income tax rate of over 100 percent would be hard for anyone to sustain. At a rate a smidge over 100 percent, our deepest pockets might be able to get ...

To enroll, troops should visit fsafeds.gov, select “Qualifying Life Event” from the “enroll” drop down menu, then choose the ...

It's tax season -- but that doesn't mean you have to drop several hundred dollars on a certified public accountant (CPA) or tax software. There are several ways to file your taxes for free ...

How all this will affect the processing of tax returns is a matter of speculation, but it seems very unlikely to make the ...

There’s a reason workers are often encouraged to house their retirement savings in a Roth IRA or 401(k). Not only do Roth ...