Tax Deductions
News, insights and expert analysis on tax deductions from the team at Kiplinger.
Latest
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Don't Miss These Four Tax Breaks for Americans Living Abroad in 2025
International Tax U.S. expats can reduce their tax burden by taking advantage of a handful of tax credits and deductions.
By Gabriella Cruz-Martínez Last updated
International Tax -
SALT Deduction: Three Things to Know for 2025
Tax Deductions Changes to the state and local tax deduction and the looming TCJA expiration have brought this tax break into the spotlight.
By Kelley R. Taylor Last updated
Tax Deductions -
Ask the Editor, June 20: Questions on Tax Deductions and IRAs
Ask the Editor In our latest Ask the Editor round-up, Joy Taylor, The Kiplinger Tax Letter Editor, answers four questions on deductions, tax proposals and IRAs.
By Joy Taylor Published
Ask the Editor -
Summer Backyard Ideas With Added Tax Benefits for 2025
Tax Tips Find out how these summer 2025 home projects can help you save on taxes next year.
By Kate Schubel Last updated
Tax Tips -
New GOP Car Loan Tax Deduction: Which Vehicles and Buyers Qualify
Tax Breaks To fulfill Trump's campaign promise, House GOP lawmakers want to offer a tax deduction for car loan interest. How would it work?
By Kelley R. Taylor Last updated
Tax Breaks -
SALT Cap Increase? What to Expect in 2025 Tax Reform
Tax Deductions Some lawmakers say it’s past time to increase the $10,000 cap on state and local tax deductions.
By Kelley R. Taylor Last updated
Tax Deductions -
Ask the Editor — Reader Questions on Tax Deductions, Losses
In our Ask the Editor series, Joy Taylor, The Kiplinger Tax Letter Editor, answers readers' questions on tax deductions and losses.
By Joy Taylor Published
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The Extra Standard Deduction for People Age 65 and Older
Tax Deductions The extra standard deduction can help older adults reduce their taxable income.
By Kelley R. Taylor Last updated
Tax Deductions -
Ask the Editor: Reader Questions on 529 plans
In our latest Ask the Editor round-up, Joy Taylor, The Kiplinger Tax Letter Editor, answers questions related to 529 plans.
By Joy Taylor Published