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

The IRS views interest on a savings account as earned income, whether it's $1 or $1,000. So, if you received interest on a high-yield savings account in 2024, you need to report it when you file your ...

President Donald Trump has proposed a plan to abolish federal income taxes for Americans earning less than $150,000 per year, ...

If you plan to take advantage of high interest rates this year, you might be wondering if your high-yield savings account interest is taxable. The answer is yes, but these types of accounts can ...

Taylor Tepper covered banking, investing and pretty much everything else in personal finance for more than a decade, with his work appearing in the New York Times, Fortune and MONEY magazine, as ...

the lower the yield, and vice-versa. Depending on one's tax bracket, municipal bonds, with their generally safer credit ...