The 1098 form shows how much interest a homeowner has paid on their mortgage from the previous year. “Everyone’s tax situation is different, so consult an expert, of course, but one of 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 Social Security benefits.

ITR 2025: From choosing tax regime to cross referencing information through 26AS, salaried taxpayers must be aware of the points described here ...

During last year’s presidential campaign, Trump made many promises to get the votes he needed to be re-elected. One such promise was that he would eliminate federal taxes on Social Security ...

Box 4 on a W-2 form indicates the Social Security tax that is withheld on wages and tips earned by an employee.

That means retirees must stretch their Social Security as much as possible. It would help not to have to pay state taxes on your benefits. Fortunately, 41 states don't tax Social Security.