Tax Basics: Table of contents
For most folks, taxes start with withholding. See if you’re doing it right.
- Filling out your W-4
- Form W-4: the beginning of your working life
- Working through the W-4 worksheet
- Understanding and avoiding underwithholding
- Checking and adjusting your withholding
Learn the nitty-gritty of finding whether you have to file, and if so on what form and with which tax table.
- Filing your return
- Do I have to file?
- Finding your filing status
- Choosing the correct form
- Determining taxable income
- Tax rates, or just how much do I owe?
- When to file
- Special filing circumstances
You had better know your deductions if you want to pay the least amount of tax.
- Deductions: the first step to cutting your tax bill
- The standard deduction amount
- Itemized deductions
- Above-the-line deductions
Credits are even better than deductions, because they reduce taxes more. Know which ones you qualify for.
- Tax credits: the better way to cut your tax bill
- Earned income tax credit
- Child-related tax credits
- Education tax credits
- Retirement saver’s credit
Plan to own a home? Raise a family? Start a business? As your life changes, so will your tax needs.
- Your changing tax life
- Marriage and taxes
- Homeownership and your taxes
- And baby makes for more tax considerations
- Investment income
- Self-employment tax considerations
- Death and taxes: the inevitable
These are the little details that are the difference between owing and not owing the IRS.
- Taking care of tax details
- Estimated taxes are a quarterly chore for many filers
- Record keeping, or how not to become a tax pack rat
- Changing your tax address