Tax Deductions
News, insights and expert analysis on tax deductions from the team at Kiplinger.
Latest
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Can I Deduct This? A Quick Tax QuizQuiz Answer these five surprising scenarios to see if your write-offs save money or would trigger an IRS audit.
By Kate Schubel
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10 Can't-Miss Tax Breaks for Homeowners and HomebuyersHomeownership These real estate tax breaks can help homeowners get some money back this year. Are you eligible?
By Kate Schubel
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144 Million Standard Deduction Filers Get a New Charitable Tax BreakTax Savings Claiming the standard deduction and donating this year? Here's what that means for your next tax return.
By Kate Schubel
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Ask the Tax Editor: Questions on Vehicle ExpensesAsk the Editor Kiplinger editor Joy Taylor answers readers' questions about deducting vehicle expenses, including the standard mileage allowance.
By Joy Taylor
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New Car Loan Interest Deduction: Which Vehicles and Buyers QualifyTax Breaks The Trump 2025 tax overhaul includes a temporary tax deduction for auto loan interest. How does it work?
By Kelley R. Taylor
Tax Breaks -
Ask the Editor: Can I Deduct a GoFundMe Contribution and MoreAsk the Editor Our Kiplinger Tax Letter Editor answers whether a reader can deduct a GoFundMe contribution and other questions related to charitable donations.
By Joy Taylor
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How to Deduct Expenses for Long-Term Care on Your Tax ReturnTax Breaks The IRS allows limited deductions for medical expenses and long-term care insurance premiums. See if you qualify.
By Gabriella Cruz-Martínez
Tax Breaks -
How Charitable Donations Can Reduce Your TaxesTax Breaks Donating this year? See whether claiming a charitable donation could be right for you.
By Gabriella Cruz-Martínez
Tax Breaks -
Tax Fact vs Myth: How Much of Your Inheritance Actually Gets Taxed?Quiz Receiving an inheritance is typically less taxable than you might think.
By Kelley R. Taylor
Quiz
