And that's not an exhaustive list. However, several types of income ... Financial gifts are a well-known category of non-taxable income. That's due in part to the generous annual federal gift ...

Retirement planning is about more than saving money. It also requires a thoughtful approach to organizing your assets in a ...

What’s less commonly known, however, is that nine bona fide types of income are non-taxable. This could help you when it comes to your filing status. Find Out: How Paychecks Would Look in Each ...

Kansas is no longer part of this list, and West Virginia is phasing out Social Security taxes, with no state income taxes on Social Security starting in 2026. “Each state has tax provisions that ...

There are numerous ways to earn passive income, but unfortunately most of them are taxable. This is particularly true of income-generating investments, of which only a handful allow you to avoid ...

This figure is calculated by adding: Your adjusted gross income (not including Social Security benefits) Any non-taxable interest you receive (such as from municipal bonds) Half of your Social ...

Financial Expert, Barry Bigelow joined Sierra Naess on GMN, for another segment of Money Matters. Barry covers how to legally ...

States set their own rules regarding how they tax benefits. The IRS uses your combined income to help determine the taxes you owe. Many Social Security recipients won't pay taxes on their benefits.

What’s less commonly known, however, is that nine bona fide types of income are non-taxable. This could help you when it comes to your filing status. Find Out: How Paychecks Would Look in Each State ...