Tax Deductions
News, insights and expert analysis on tax deductions from the team at Kiplinger.
Latest
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New Tax Rules: Income the IRS Won’t Touch in 2025
Income Taxes From financial gifts to Roth withdrawal rules, here’s what income stays tax-free under the new Trump 2025 tax bill, and some information on what’s changed.
By Kelley R. Taylor
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Seven Things You Should Do Before 2026 Because of One Big Beautiful Bill Changes
The 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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Tax Brackets 2025 Quiz: How Much Do You Know?
Quiz Test your knowledge of IRS rules that impact how much money you keep in your wallet.
By Kelley R. Taylor
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Ask the Editor: Tax Questions on the New Tips Deduction
Ask the Editor In this week's Ask the Editor Q&A, we answer reader questions on the new tax deduction for tipped income.
By Joy Taylor
Ask the Editor -
Mortgage Refinance in 2025? These Tax Breaks Can Boost Your Savings
Tax Breaks Refinancing your mortgage comes with tax implications, but also opportunities to deduct certain expenses on your return.
By Gabriella Cruz-Martínez
Tax Breaks -
Standard Deduction 2025 Quiz: How Much Do You Really Know?
Quiz Test your knowledge of IRS rules that impact how much money you keep in your wallet.
By Kelley R. Taylor
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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 Gabriella Cruz-Martínez
Tax Breaks -
Claiming the Standard Deduction? Here Are 10 Tax Breaks For Middle-Class Families
Tax 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 -
Deduct Expenses for Long-Term Care on Your Tax Return
Long-Term Care The IRS allows some limited tax breaks on medical expenses and insurance premiums related to long-term care.
By Gabriella Cruz-Martínez
Long-Term Care
