Tax Deductions
News, insights and expert analysis on tax deductions from the team at Kiplinger.
Latest
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Ten Tax Breaks for Homeowners and Homebuyers
Homeownership These real estate tax breaks can help homeowners get some money back.
By Rocky Mengle Last updated
Homeownership -
Popular Tax Breaks Are in Danger
The Tax Letter A number of tax breaks, including the home mortgage interest deduction, are in peril as lawmakers hunt for revenues to pay for the President's tax plan.
By Joy Taylor Published
The Tax Letter -
Ten Overlooked Tax Deductions and Credits
Tax Breaks Don’t miss these often overlooked tax deductions and credits when you file your tax return this year.
By Katelyn Washington Last updated
Tax Breaks -
A Bunch of IRS Tax Deductions and Credits You Need to Know
Tax Breaks Lowering your taxable income is the key to paying less to the IRS. Several federal tax credits and deductions can help.
By Kelley R. Taylor Last updated
Tax Breaks -
Tax Changes and Key IRS Amounts for 2025
There are lots of tax changes for the 2025 tax year. Some reflect prior-year inflation. Others are new rules. But one thing is certain... all taxpayers are affected.
By Joy Taylor Last updated
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Most-Overlooked Tax Breaks for Retirees and People Over 65
Tax Breaks If you're over 65, don't miss out on these overlooked tax breaks for retirees.
By Kevin McCormally Last updated
Tax Breaks -
How Tax Laws and IRS Can Help If You're a Victim of Helene, Milton or Other Federally Declared Disasters
Kiplinger Tax Letter Did you know that, in addition to the tax filing and payment extensions, individuals can deduct some losses attributable to federally declared disasters?
By Joy Taylor Last updated
Kiplinger Tax Letter -
Are You a Renter? You Could Save on Taxes
Tax Breaks With these tax savings at your fingertips, rent may be more affordable
By Kate Schubel Last updated
Tax Breaks -
How Charitable Donations Can Reduce Your Taxes
Tax Breaks Is claiming a charitable donation tax deduction the right choice for you this tax season?
By Rocky Mengle Last updated
Tax Breaks