Tax Deductions
News, insights and expert analysis on tax deductions from the team at Kiplinger.
Latest
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New $6,000 'Senior Bonus' Deduction: What It Means for Taxpayers Age 65-Plus
Tax Changes If you’re an older adult, a new bonus tax deduction could provide a valuable tax benefit. Here's how it works.
Tax Changes -
Over Age 65? New $6,000 'Senior Bonus' Deduction Is Available Even If You Itemize
Tax Changes If you’re an older adult, a new bonus tax deduction could provide a valuable tax benefit. Here's how it works.
Tax Changes -
Another State Rebels Against Trump’s New 2025 Tax Law: What Now?
State Taxes Even if states adopt tax policies in the so-called ‘big beautiful bill,’ lawmakers may have workarounds at their fingertips.
State Taxes -
How Your 2025 Wedding Could Save You Money on Taxes
Tax Breaks There are some wedding expenses that are tax-deductible, and you don’t want to miss out on savings.
Tax Breaks -
Ten Tax Breaks for Homeowners and Homebuyers in 2025
Homeownership These real estate tax breaks can help homeowners get some money back.
Homeownership -
Ask the Editor — Tax Questions on Standard Deductions
Ask the Editor In this week's Ask the Editor Q&A, we answer tax questions from readers on claiming standard deductions on your tax return.
Ask the Editor -
Biggest Winners and Losers in Trump's New Tax Plan
Tax Law Trump’s mega tax overhaul, known as the ‘One Big Beautiful Bill,’ has distinct winners and losers. Which group do you fall into?
Tax Law -
Ask the Editor — Tax Questions on Four New Tax Deductions
Ask the Editor In this week's Ask the Editor Q&A, we answer tax questions from readers on four new tax deductions in the "One Big Beautiful Bill."
Ask the Editor -
Taxes on Gambling Winnings and Losses: Nine Tips to Remember
Tax Tips Whether it’s online sports betting, a casino win, or a horse bet, don’t forget the gambling taxes.
Tax Tips
