Adjusted gross income is a tax term everyone should understand. Also known as AGI, it has ramifications that extend beyond the tax season. “People are asking you all the time for your adjusted ...

The U.S. tax code didn’t get to be 74,000+ pages long without getting a little confusing. But don’t throw up your hands just ...

South Carolinians would keep more money in their paychecks, but get a smaller refund when they file their taxes in 2027.

Knowing your MAGI can help you figure out if you're eligible for certain tax deductions this filing season. Plus, learn how it differs from adjusted gross income. Many, or all, of the products ...

Some taxpayers may be able to claim the Earned Income Tax Credit of up to $7,830, that is refundable, meaning you can get it even if you paid less in taxes.

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Knowing your taxable income (the amount of your income subject to federal tax that you must report on your federal tax return) is important for several reasons. The IRS requires that you report ...

Is your income too high to qualify for Roth IRA contributions? There is still time to lower your taxable income from last year and make a contribution. Making other changes may also help reduce ...