I am confused by an article in my local newspaper which said that “MAGI” (modified adjusted gross income), on which my Medicare Part B premium is based, is my Adjusted Gross Income, plus any ...

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

The Child Tax Credit (CTC) is a SUPER credit because it can create a $2,000 per child reduction in your tax liability for ...

While adding to your family is an exciting time, a new child also creates some costs you'll want to offset whenever possible. One money-saving move involves revisiting your tax situation. If ...

Here's what you need to know about taxes and investing in high-value real estate. Understanding capital gains tax Capital gains taxes are taxes you pay on profits you earn when you sell an asset, such ...

The Child Tax Credit (CTC) remains a vital financial relief for families with children under 17 in the United States. As we ...

If you paid interest on your student loan debt in 2024, you may be able to deduct up to $2,500 from your taxable income.