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.
Teachers can deduct classroom supplies, professional development courses and more.
It’s true! There are some good taxes, and you can use them to reduce your IRS bill.
Determine which is best for you — the simplified or the regular home office deduction.