A tax deduction reduces the amount of income that is subject to taxation by federal and state governments. View the current standard deduction amounts and other tax deduction information.
Don't forget these 10 tax breaks when filing
Find all the deductions for homeowners
Discover tax deductions available for business owners
View 2017 federal tax brackets
Get an estimate of your total taxes owed
It’s not too late to get a tax deduction for your IRA contributions!
Looking to score more tax deductions? IRA CDs might be for you.
Americans say they don’t expect to gain a lot from the GOP tax cut.
Approximately one out of five charitable donations will be larger than last year’s.
If your new job prompted a move, you might be able to write off the costs. Here’s how.
Homeowners won’t get a break for private mortgage insurance after this tax season.
Some taxpayers may claim up to a dozen deductions right on their Form 1040. Here’s how.
Purging closets and donating items are good for your soul and may cut your tax bill.
Teachers can deduct classroom supplies, professional development courses and more.
These often-overlooked write-offs can make your doctor’s bills pay off at tax time.