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President Donald Trump repeatedly promised on the campaign trail that he would eliminate taxes on Social Security benefits. Now, his administration claims he has delivered on that promise with ...
The ‘big beautiful bill’ hiked the child tax credit to $2,200 in 2025, up from $2,000 in 2024. Here’s who qualifies for this ...
Experts say retiree Social Security is still taxable and Ohioans will need to read the fine print to understand their situation.
President Donald Trump rolled out the idea for a new tax break on car loans during a 2024 campaign stop in Detroit. Here's ...
Navigating the complexities of federal taxation on Social Security benefits can be daunting. Despite recent legislative ...
Modified adjusted gross income (MAGI) is often used by the IRS and other federal agencies to determine your eligibility for ...
I’ll reach my RMD distribution age in 2026, and I’m trying to figure out how much I can transfer from my traditional TSP ...
The National Association of Tax Professionals, which has 23,000 members, offered an example for a 70-year-old retiree who is single and has a modified adjusted gross income (MAGI) of $90,000.
Many filers won’t be able to take full advantage of expanded deductions in the recently passed tax law.