Income Tax
News, insights and expert analysis on income tax from the team at Kiplinger.
Latest
-
The Many Definitions of Modified Adjusted Gross Income (MAGI)Income Tax The definition of modified adjusted gross income differs depending on what the calculation is used for.
By Joy Taylor
Income Tax -
New 2026 Income Tax Brackets Are Set: Has Your Marginal Rate Changed?Income Tax The IRS has adjusted federal income tax bracket ranges for the 2026 tax year to account for inflation. Here's what you need to know.
By Kelley R. Taylor
Income Tax -
Standard Deduction 2026 Amounts Are HereTax Breaks What is the standard deduction for your filing status in 2026?
By Kate Schubel
Tax Breaks -
Six Tax Deadlines for October 15 You Don't Want to MissTax Deadlines You might know about the federal tax return extension deadline, but did you know about these other tax deadlines for Oct. 15?
By Kate Schubel
Tax Deadlines -
Seven Things You Should Do Before 2026 Because of One Big Beautiful Bill ChangesThe new law ushers in significant changes for most taxpayers. Make these moves now to take advantage of them.
By Sandra Block
-
How Charitable Donations Can Reduce Your TaxesTax Breaks Is claiming a charitable donation tax deduction the right choice for you this tax season?
By Gabriella Cruz-Martínez
Tax Breaks -
Claiming the Standard Deduction? Here Are 10 Tax Breaks For Middle-Class FamiliesTax 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 -
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 ItIncome Tax Understanding taxable income can help reduce tax liability.
By Katelyn Washington
Income Tax
