Medical expenses can be a major tax deduction, but only if they go over 7.5% of your adjusted gross income, which is ...

The mortgage tax break is one of the most common. It enables you to deduct the home mortgage interest on the first $750,000 ...

Much of the info you'll need for tax credits and deductions will come on 1098 forms -- and there ... you may be able to deduct up to $2,500 of student loan interest "above the line," meaning ...

Each year the Internal Revenue Service (IRS) sets new income thresholds for the various tax brackets to keep up with ...

you could claim up to $2,500 in deductions. There isn’t a limit on how much you can deduct. Disaster relief:Americans affected by California wildfire get IRS tax relief. Here's what that means.

People preparing to file taxes for the 2024 tax year may be eligible to claim a student loan tax deduction for interest payments.

In a major relief for the middle class, Finance Minister Nirmala Sitharaman announced that individuals earning up to Rs 12 ...