Income Tax
News, insights and expert analysis on income tax from the team at Kiplinger.
Latest
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Powerball Jackpot Payout: How Much a Winner Actually Takes Home After TaxesLottery Taxes Whenever someone wins Powerball, the federal government gets a chunk of the prize from taxes.
By Kelley R. Taylor
Lottery Taxes -
Ask the Tax Editor: How Can I Resolve My IRS Tax Debt?Ask the Editor In this week's Ask the Editor Q&A, Joy Taylor answers questions relating to how individuals can resolve their IRS tax debt.
By Joy Taylor
Ask the Editor -
How the IRS Taxes Retirement Income in 2026Retirement Taxes It's important to know how common sources of retirement income are taxed.
By Kelley R. Taylor
Retirement Taxes -
Ask the Tax Editor: Questions on Tax Refunds and PenaltiesAsk the Editor In this week's Ask the Editor Q&A, Joy Taylor answers questions on tax refunds, how to get the IRS to abate a penalty and related topics.
By Joy Taylor
Ask the Editor -
When Are Estimated Tax Payments Due in 2026?Tax Deadlines You make quarterly estimated tax payments to the IRS if you are self-employed or don’t have taxes withheld from your income for other reasons.
By Kelley R. Taylor
Tax Deadlines -
Does Your Child Need to File a Tax Return This Year?Tax Filing Here’s how to tell if your child needs to file a tax return and how it can impact your tax liability.
By Katelyn Washington
Tax Filing -
2026 Tax Brackets and Federal Income Tax Rates: What New IRS Thresholds Mean for Your Tax BillIncome Tax Knowing your federal tax bracket is essential, as it determines your marginal income tax rate for the year.
By Kelley R. Taylor
Income Tax -
How to Lower Your Tax Bill Next YearKnowing how to lower your tax bill (pay less taxes) requires some strategizing. Here are a few tax tips to help make it happen.
By Katelyn Washington
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Stop Using Your Smartwatch for Mileage (Until You Read This IRS Rule)Tech Taxes You bought your watch for tracking steps, but the IRS tracks your mileage. Did you miss out on this key tax deduction?
By Kate Schubel
Tech Taxes
