The IRS uses what's called "provisional income" to determine how much of your Social Security benefits are taxable. Your ...

Eligibility for federal student financial aid is primarily based on income as reported for tax purposes. However, tax-exempt ...

By diversifying your retirement income sources to include some of these tax-free options, you can potentially lower your ...

It's time for Congress to reform the antiquated system of tax exemptions that has allowed billion-dollar entities that ...

Examples of itemized deductions include medical expenses, mortgage interest, and charitable donations. Distributions from health savings accounts (HSAs) are only exempt from income tax if they are ...

Outside of tax-advantaged accounts like a 401(k) or Roth IRA, most bond fund income is subject to taxation. Treasury bonds, for instance, are exempt from ... bonds with lower interest-rate risk.

There is no federal inheritance tax but several states levy one. Many, or all, of the products featured on this page are from our advertising partners who compensate us when you take certain ...

Cities like Chicago, Atlanta and Houston, which already spend a substantial chunk of revenue to cover interest on their bond debt, could face more budget strains if Congress moves to strip the tax ...