Tax Deductions
News, insights and expert analysis on tax deductions from the team at Kiplinger.
Latest
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Standard Deduction 2026 Quiz: How Much Do You Really Know?Quiz Test your knowledge of IRS rules that impact how much money you keep in your wallet.
By Kelley R. Taylor
Quiz -
Taxes on Gambling Winnings and Losses: 9 Tips to RememberTax Tips Whether it’s online sports betting, a casino win, or a horse bet, don’t forget the gambling tax.
By Rocky Mengle
Tax Tips -
5 Little-Known Senior Tax Deductions in 2026Retirement Tax Some may sound like myths, but these unique tax write-offs can be approved under strict IRS medical guidelines — provided you have the right paperwork.
By Kate Schubel
Retirement Tax -
New $6,000 'Senior Bonus' Deduction: What It Means for Taxpayers Age 65 and OlderTax Changes If you’re an older adult, a new bonus tax deduction could provide a valuable tax benefit. Here's how it works.
By Kelley R. Taylor
Tax Changes -
Do You Know More Retirement Tax Rules Than a 28-Year-Old? Take the QuizQuiz We gave a Gen Z non-finance professional these five questions, and here's how they scored. Can you beat it?
By Kate Schubel
Quiz -
How Benjamin Franklin's Simple Money Rules Could Help Lower Your 2026 TaxesIncome Tax Start your midyear tax planning with these simple, timeless money rules.
By Kate Schubel
Income Tax -
Home Office Tax Deduction: Work From Home Write-Offs in 2026Tax Breaks Can you claim the home office deduction on your taxes this year?
By Rocky Mengle
Tax Breaks -
The Extra Standard Deduction for People Age 65 and Older: How Much Can You Save?Tax Deductions The extra standard deduction can help older adults reduce their taxable income.
By Kelley R. Taylor
Tax Deductions -
First-Time World Cup Bettors Face New 2026 Tax RulesBetting Tax With millions of fans backing favorites and a new 90% limit on loss deductions, your 2026 tournament strategy needs a substitution.
By Kate Schubel
Betting Tax
