Income Tax
News, insights and expert analysis on income tax from the team at Kiplinger.
Latest
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5 Ways the Second Trump Term Could Affect Your Finances
Income tax cuts are likely to be extended, but electric vehicle tax credits could disappear.
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Three Often-Overlooked Ways to Cut Your Tax Bill Now
Tax Planning Act before 2024 ends to set yourself up for potential savings when it's time to file your tax return.
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Is Unemployment Taxable? A State-by-State Guide
State Tax The federal government taxes unemployment benefits. But is unemployment taxable in your state?
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Your MAGI in Retirement: Year-End Tax Strategies to Save Money
Taxable Income Strategic moves now can make a difference in your modified adjusted gross income (MAGI) when it’s time to file your return.
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2024 IRS 1099-K Rule Change: What to Expect from PayPal, Venmo, More
Selling Online A new IRS 1099-K tax reporting requirement for payment networks like Venmo, PayPal, Amazon, and Cash App is supposed to apply for 2024.
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Could the AMT (Alternative Minimum Tax) Be Back Again?
Tax Letter Millions of taxpayers could owe the AMT if Congress allows the tax breaks de-fanged in the 2017 Tax Cuts and Jobs Act to expire.
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Will Elon Musk Crack Down on IRS Tax Cheats Who Owe $50 Million?
IRS IRS employees are required to pay their taxes on time, but thousands slipped through the cracks.
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How Bonuses Are Taxed
Income Tax Tax withholding rules mean a portion of your bonus won’t make it into your bank account.
Income Tax -
Hobby Income: What It Is and How It’s Taxed
Income Tax Hobby income isn’t taxed like a business. Here's how to tell what type of income you have.
Income Tax
