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

Nonrefundable tax credits can only be used against taxes that you owe -- once your tax bill hits $0, you don't get the ...

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

The new tax regime simplifies income tax, but with fewer deductions in play, taxpayers must make the most of the available ...

On top of a new presidency, changing economic tides and more, we have another crucial money event to focus on soon: tax ...

As the tax deadline looms many folks are beginning to take a closer look at their situation regarding their taxes and ...

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

It’s getting to be that tax time of year! Filing taxes, like paying taxes, may not be an enjoyable to-do, but receiving a ...

If you used the money for one of the following purposes, a tax deduction may be possible. Keep in mind that personal loan lenders can prevent borrowers from using funds for these purposes ...

Users on social media are voicing concerns after receiving different refund amounts for different tax filing services.