Taxable income: What it is, how to calculate it and how to reduce it
To understand your tax bill, you need to understand taxable income, which is your gross income minus certain deductions.
5 min read
Mar 01, 2025
Rebecca Rosenberg
Contributor, Personal Finance
EXPERTISE
- Personal Finance
- Retirement planning
- Taxes
- Budgeting
- Wealth management
EDUCATION
- Bachelor of Arts, Texas State University
- Master of Science, University of Texas Austin
Rebecca is a content writer, strategist and perpetual adventurer. She specializes in financial topics including retirement planning, taxes, budgeting, wealth management, mortgages, and business finance. She also covers B2B tech and SaaS.
Rebecca's latest articles
-
-
10 easy tax deductions and credits to cut your tax bill
These 10 tax credits and deductions can help you trim your tax bill and, in some cases, even boost your refund.
6 min read Jan 27, 2025