Most people claim the standard deduction on their federal tax return instead of itemizing deductions. How much can you claim?

With the 2026 standard deduction soaring to $32,200 for joint filers and SALT cap changes, should you still itemize? We break ...

When tax season rolls around, deductions and credits can make a real difference in how much you owe -- or how much you get ...

As a taxpayer, you pay tax as a percentage of your income in layers called tax brackets, according to the IRS.

To qualify for this tax credit, the child must: Be your son, daughter, stepchild, eligible foster child, brother, sister, ...

Comprehensive guide to U.S. itemized deductions for 2026, covering Schedule A, SALT limits, medical expenses, interest, charity, and 1040-NR ...

Some deductions remain every year, but others change or disappear and new ones crop up. Learn about the best tax deductions ...

Each spring, millions of taxpayers face a deceptively simple question — take the standard deduction or itemize? For those not versed in the lingo of taxes, the distinction can be confusing. But ...

On Tuesday, the Internal Revenue Service announced its annual inflation adjustments for 2025, including updates to the federal income tax brackets and standard deduction. The standard deduction — ...