Enter household income you received, such as wages, unemployment, interest and dividends. Choose the filing status you use when you file your tax return Input the total of your itemized deductions, ...

New year, new tax filing. Filing taxes may not be the easiest task, especially with its time-consuming forms and applications. Whether you file with help from a professional or on your own, ...

A tax calculator tool from the nonprofit Tax Foundation looks at take-home pay after the new law, including write-offs like ...

Input the total of your itemized deductions, such as mortgage interest, charitable contributions, medical and dental expenses, and state taxes. If your total itemized deductions are less than the ...

With primary provisions of the 2017 Tax Cuts and Jobs Act set to expire come 2025, either President Joe Biden or President Donald Trump will face a showdown in Congress to extend the tax cuts or let ...

After years of paying into the Social Security system, many seniors are surprised to learn that the benefits they receive after retirement may be subject to federal income tax. This is generally ...

Trump has proposed numerous tax plans, such as no taxes on tips or overtime, no taxes on Social Security payments and no federal income tax. The federal income tax proposal would remove taxes for ...

• Today, the richest Americans pay an effective tax rate of more than 20% on the income the government counts under the current tax code. Biden’s 8% figure compares their tax payments to an amount ...