Income Tax
News, insights and expert analysis on income tax from the team at Kiplinger.
Latest
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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 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 -
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 -
Ask the Tax Editor: Tax Help for Disaster VictimsAsk the Editor Joy Taylor answers questions from readers on tax breaks for victims of hurricanes, tornadoes, wildfires and other federally declared disasters.
By Joy Taylor
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Ask the Tax Editor: Tax Breaks for VehiclesAsk the Editor In this week's Ask the Editor Q&A, Joy Taylor answers questions on tax breaks for buying a vehicle, using a vehicle in your business and more.
By Joy Taylor
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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
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Ask the Tax Editor: Is it a hobby or a business?Ask the Editor In this week's Ask the Editor Q&A, Joy Taylor explains the income tax differences between a hobby and a Schedule C business engaged in for profit.
By Joy Taylor
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Cut Your Taxes With Tax-Loss Harvesting in 2026Capital Gains Turn market drops into lower taxes by offsetting your capital gains.
By Kate Schubel
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Ask the Tax Editor: Questions on Income Tax CreditsAsk the Editor In this week's Ask the Editor Q&A, Joy Taylor explains the difference between refundable and nonrefundable tax credits and answers more questions from readers.
By Joy Taylor
Ask the Editor
