Fact checked by Giselle Cancio The standard tax deduction is a fixed amount that taxpayers can subtract from their income to ...

A fter years of paying into the Social Security system, many seniors are surprised to learn that the benefits they receive ...

It’s never fun to get hit with an unexpected tax bill. Use NewsNation’s tax calculator to get an idea how much tax you may owe.

Individuals with a combined income between $25,000 and $34,000 may be taxed on 50% of their Social Security benefits. If your ...

The alternative minimum tax (AMT) is a separate way to calculate taxes that makes sure high-income earners pay at least a ...

The GOP should triple the income level which seniors have to meet before their Social Security benefits are taxed.

Let’s explore the tax impact of common income sources and how being aware of them could help you reduce your tax bill and stretch your savings further into retirement. Profit and prosper with ...

Income tax rules require taxpayers to submit advance tax if their overall tax liability for the financial year exceeds Rs ...

When it's time to file your tax return, you'll need to report any interest you've earned on your CD over the tax year. You'll ...