Senate Republicans passed a bigger child tax credit as part of Trump’s spending package. If enacted, here is who stands to ...

Before you buy a home, learn how your income, housing costs, and the 30% rule work together to determine what you can realistically afford.

Many retirees are caught off guard by the taxation of their Social Security benefits. This article delves into the IRS ...

The first robot I remember is Rosie from The Jetsons, soon followed by the urbane C-3PO and his faithful sidekick R2-D2 in ...

For many retirees, the expectation of receiving a tax-free Social Security check is a long-awaited relief. However, the ...

One tax expert says a proposed $4,000 bonus deduction is a 'far cry from the savings' that many would see with no taxes on ...

The MAGI calculation starts with your adjusted gross income (AGI), and then you add back certain deductions or exclusions. Here’s how MAGI works and how to calculate it.

Provisional income = Adjusted gross income (AGI) + tax-exempt interest + 50% of your Social Security benefits Your AGI includes all taxable income, such as wages, pensions, dividends, capital ...

AGI is an important term in the world of finance and holds great significance when you are calculating tax. In this article, we will discuss all about AGI and how one can calculate it for further use ...