Income Tax
News, insights and expert analysis on income tax from the team at Kiplinger.
Latest
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Claiming the Standard Deduction? Here Are 10 Tax Breaks For Middle-Class Families in 2025
Tax Breaks Working middle-income Americans won’t need to itemize to claim these tax deductions and credits — if you qualify.
By Kate Schubel
Tax Breaks -
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
Retirement Taxes -
Five Ways Trump’s 2025 Tax Bill Could Boost Your Tax Refund (or Shrink It)
Tax Refunds The tax code is changing again, and if you’re filing for 2025, Trump’s ‘big beautiful’ bill could mean a bigger refund, a smaller one or something in between next year. Here are five ways the new law could impact your bottom line.
By Kate Schubel
Tax Refunds -
Taxable Income: What It Is and How to Calculate It
Income Tax Understanding taxable income can help reduce tax liability.
By Katelyn Washington
Income Tax -
12 Tips on How and When to File an Amended Tax Return
Tax Returns What to do if you discover a mistake on a previously filed tax return (and other reasons for filing an amended tax return).
By Rocky Mengle
Tax Returns -
Should You Withhold Tax From Social Security Benefits?
Social Security Having taxes withheld from Social Security benefits can help retirees avoid a surprise when tax season arrives.
By Kelley R. Taylor
Social Security -
Could Your State End Tax on Overtime This Year?
State Taxes Key states are considering ending taxes on overtime — find out if yours makes the cut
By Kate Schubel
State Taxes -
Will Tax on Tips End for Your State This Year?
State Tax While the 'Big Beautiful Bill' spearheads federal talk on tips, several key states are considering ending taxes on tip income.
By Kate Schubel
State Tax -
States With 2025 IRS Tax Deadline Extensions
Tax Deadlines The IRS has extended tax deadlines in several states due to severe storms, fires, hurricanes, and other natural disasters.
By Kate Schubel
Tax Deadlines
