Income Tax
News, insights and expert analysis on income tax from the team at Kiplinger.
Latest
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The TCJA: Key Facts on the 2017 Tax Cuts and What's Next for 2025
Tax Law How will a possible extension of expiring TCJA provisions impact your wallet?
By Kate Schubel Last updated
Tax Law -
What’s Happening With Taxes on Overtime Pay?
Income Tax Donald Trump’s proposal to eliminate overtime tax has ignited chatter.
By Kelley R. Taylor Last updated
Income Tax -
The Standard Deduction: What You Need to Know for 2025
Tax Breaks Most people claim the standard deduction on their federal tax return instead of itemizing deductions. How much can you claim?
By Kelley R. Taylor Last updated
Tax Breaks -
The Nine States With No Income Tax in 2025
State Tax Your hard-earned money is safe from state income tax if you live in one of these states but watch out for other state and local taxes.
By Gabriella Cruz-Martínez Last updated
State Tax -
States That Don't Tax Pension Income in 2025
Retirement Taxes Over a dozen states don't tax pension income regardless of your age or how much money you have.
By Gabriella Cruz-Martínez Last updated
Retirement Taxes -
2024 and 2025 Tax Brackets and Federal Income Tax Rates
Income Tax Knowing your federal tax bracket is essential, as it determines your marginal income tax rate for the year.
By Kelley R. Taylor Last updated
Income Tax -
How to Calculate Taxes on Social Security Benefits in 2025
Social Security The federal government can tax up to 85% of your Social Security benefits, so it's good to know how those taxes are calculated.
By Kelley R. Taylor Last updated
Social Security -
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 -
How to Lower Your Tax Bill Next Year
Income Taxes Knowing 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 Last updated
Income Taxes