I am selling my house and the price is $504,999. After paying off this house I will net $400,000. Do I have to pay a capital ...

Even if you withhold taxes and take deductions, you might still end owing the IRS a chunk of money. Make sure you’re claiming the right deductions and are writing off any expenses you can. A tax or ...

It's April 15, and you know what that means — it's Tax Day 2025 and time to submit your tax returns. If you're scrambling to complete them in time, then you might be wondering if you can file for an ...

The Department for Work and Pensions (DWP) does not operate Pay As You Earn (PAYE) on your state pension, so you receive it gross without any income tax collected from the payments you receive. So, ...

Nine states tax Social Security benefits, but many seniors in these states won't owe any state taxes on their checks. Federal Social Security benefit taxes are more difficult to avoid. You can request ...

The good news is that most states don't tax benefits -- and the number is growing. But keep in mind that federal tax rules still apply regardless of your state's rules. The IRS uses your combined ...

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. Some people look forward to the tax-filing season because ...