Tax Center

Ready to file your taxes? Find everything you need to know right here. Bankrate has neatly organized its tax content into categories – all beginning on this page – so that you can easily access the information that pertains to your particular tax situation.

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What tax bracket are you in? Most taxpayers see their income fall into several. And even when you find yourself in the top 39.6% bracket, that doesn't mean you're paying Uncle Sam nearly 40% of your income. Learn more here.
View the current tax brackets for single, married or head of household filings.
Check out the individual income tax rates and earnings to which they apply for 2014.
A FREE gross pay calculator and other net paycheck calculators to help consumers determine the actual take home amount.
Most states tax wage and salary income. Most also collect sales taxes. At more local levels, personal and real property are taxed. Learn about your state's tax levies at Bankrate's state tax rates page.
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Whether you work at an employer's office or run your own business, you'll have to report your earnings. Find the various tax breaks you're entitled to, along with ways to contribute to a retirement plan to prepare for life after work.
Looking for relief from state income taxes? Just move to one of these states.
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The tax man is lenient about certain teen jobs, but be on guard for this trap.
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There are tax implications -- some good, some not so great -- for life's milestones.
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If you paid someone to care for a dependent, this special credit could cut your tax bill.
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Most taxpayers are able to take advantage of at least some of the myriad tax credits and tax deductions available in our tax system. What's the difference? Both can reduce your tax bill, but one is much better than the other. Find out which tax breaks you're entitled to claim - and don't shortchange yourself!
A sales-tax holiday can save you a few bucks if you follow all the rules.
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You can't avoid tax on the rental property sale, but other tax benefits may even things out.
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If you paid someone to care for a dependent, this special credit could cut your tax bill.
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You may be able to claim exemptions for your stepchildren from Mexico. Here's how.
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Find out tax-favored ways to make the most of work benefits, save for retirement and plan the estate you'll leave to your family.
The CPA likely tried to help your mom, who qualifies to appeal the tax underpayments.
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You have to pay taxes on retirement withdrawals, but a 10% penalty applies in some cases.
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The rules are tricky when it's time to take money out of your 401(k) and IRA.
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You won't owe taxes if you pay fees from your IRA. In fact, there may be other tax breaks. 
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There are different ways to make money. Uncle Sam generally wants a cut of all types of earnings. Investment earnings, however, generally are taxed at lower rates. Uncle Sam, however, has a heart. When your investments go bad, you get a tax break. And then there's the biggest tax break of all – the capital gains exclusion pertaining to your home investment.
You can't avoid tax on the rental property sale, but other tax benefits may even things out.
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The rules keep changing, but the home sale tax break is still one of the best around.
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Military household gets special exception to land a tax break on their home sale.
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Beneficiaries will owe tax when the bond is redeemed, but students may get a break.
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Stay on top of the latest developments in the tax world.
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Must a U.S. permanent resident from Canada report inheritance from Canadian mom?

Dear Tax Talk, My husband is a Canadian citizen (U.S. permanent resident) and has some inheritance money coming to him from his mother's estate (also a Canadian citizen). I understand the funds will not be eligible for estate taxes as it is from one non-U.S. citizen to another, but will it be subject to capital gains taxes on our individual filings? We file married/joint, but he does not work. Any assistance would be great as the IRS was unable to answer my question. -- Ann

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