Tax Deductions
News, insights and expert analysis on tax deductions from the team at Kiplinger.
Latest
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Tax-Smart Strategies for Account Withdrawals
Understanding the best way to tap your IRAs and other accounts can help you preserve your savings and lower your tax bill.
By Sandra Block Published
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The Tax Day HSA Contributions Deadline
Health Savings The HSA contributions deadline for 2023 has passed, but you still have time to contribute and potentially reduce your tax liability if you have an extended tax deadline.
By Rocky Mengle Last updated
Health Savings -
The $2,500 Tax Break for Paying Your Student Loan
Tax Deductions Do you qualify for the student loan interest deduction this year?
By Katelyn Washington Last updated
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Non-Eligible HSA Expenses: When a Doctor’s Note Isn’t Enough
Health Savings It's easy to get confused about whether diet products, gym memberships, and fitness trackers are HSA-eligible items.
By Katelyn Washington Last updated
Health Savings -
Last-Minute Tax Savings Guide for 2023
Tax Savings April 15 is weeks away, so it's not too late to save your 2023 taxes.
By Sandra Block Published
Tax Savings -
What to Know About Medical Expenses and Your Tax Deductions: The Tax Letter
The Tax Letter What you need to know about deducting medical costs on your tax return.
By Joy Taylor Published
The Tax Letter -
Mortgage Interest Tax Deduction: What You Need to Know
Tax Deductions Should you claim the mortgage interest deduction when you file your federal tax return?
By Katelyn Washington Last updated
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Educational Tax Breaks and Deadlines: The Tax Letter
Tax Letter Teachers have just a few more weeks to max out a tax deduction for 2023 and the GOP has some tax options if they want to expand school choice.
By Joy Taylor Published
Tax Letter -
Tax-Deductible Black Friday Deals for the Self-Employed
Black Friday Deals Some Black Friday deals can help the self-employed save on business expenses and taxes.
By Katelyn Washington Published
Black Friday Deals