Income Tax
News, insights and expert analysis on income tax from the team at Kiplinger.
Latest
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Social Security Tax Limit Rises Again: Who Pays More in 2026?Payroll Taxes The Social Security Administration has announced significant changes affecting millions as we approach a new year.
By Kelley R. Taylor
Payroll Taxes -
Ask the Editor: What medical expenses are deductible?Ask the Editor In this week's Ask the Editor Q&A, Joy Taylor answers questions on the tax deduction for medical expenses, from Medicare premiums to teeth whitening.
By Joy Taylor
Ask the Editor -
How to Calculate Your Adjusted Gross Income — and What It MeansIncome Tax Your eligibility for certain money-saving tax breaks depends on your adjusted gross income.
By Ella Vincent
Income Tax -
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 -
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
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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 -
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
