Financial gifts are a well-known category of non-taxable income. That's due in part to ... per recipient exempts you from filing a gift tax return for the year. But exceeding the limit doesn ...

Whether you are required to file a federal income tax return this year will depend on how much you earned last year, plus a ...

Unfortunately, 41 states and Washington, D.C. not taxing Social Security means there are nine states that do: There's no way to predict if and for how long these states will continue to tax Social ...

Since they can be a major source of income, you'll also need to keep them in mind when filing your tax return. A 2023 survey from the Pew Research Center found that around 43% of Americans had ...