Tax Deductions
News, insights and expert analysis on tax deductions from the team at Kiplinger.
Latest
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Home Office Tax Deduction: Work-from-Home Write-Offs
Tax Breaks Can you claim the home office tax deduction this year?
By Rocky Mengle Last updated
Tax Breaks -
Charitable Contributions: Five Frequently Asked Questions
Make the most of your good intentions by understanding the ins and outs of charitable giving. A good starting point is knowing what's deductible and what isn't.
By Stephen B. Dunbar III, JD, CLU Published
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Six Tax Breaks That Get Better With Age
Tax Breaks Depending on your age, several tax credits, deductions, and amounts change — sometimes for the better.
By Kelley R. Taylor Last updated
Tax Breaks -
Ask the Editor: Reader Questions — Tax Deductions
In our new Ask the Editor series, Joy Taylor, The Kiplinger Tax Letter Editor, answers questions on reporting income and tax deductions on 2024 tax returns.
By Joy Taylor Published
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Expiring Business Tax Breaks And Trump's Tax Plan
The Tax Letter Four important business tax breaks are likely to be a part of President Trump's tax plan. We'll break them down for you.
By Joy Taylor Published
The Tax Letter -
12 Education Tax Credits and Deductions to Know
Education This could be the last year you can claim some popular education tax credits and deductions.
By Gabriella Cruz-Martínez Last updated
Education -
Why Abolishing Florida Property Taxes is Problematic
Property Taxes A bold proposal that aims to eliminate property taxes in the Sunshine State has roused concerns from economists, and rightly so.
By Gabriella Cruz-Martínez Last updated
Property Taxes -
IRS Tax Refunds Are $1,000 Smaller This Year: Here's Why
Tax Refunds Inflation-related changes to the tax code could result in a larger refund for some, but you’ll have to wait.
By Gabriella Cruz-Martínez Last updated
Tax Refunds -
AMT and Pass-Throughs Add Complex Layers to 2025 SALT Tax Planning
The Tax Letter The state and local tax (SALT) deduction is a key sticking point in President Trump's tax plan.
By Joy Taylor Published
The Tax Letter