Do I need to file a tax return? It depends on your income, filing status and tax situation. Find out how much you need to ...

Are medical expenses tax deductible? Learn what qualifies, how the 7.5% AGI rule works and who can benefit from this IRS deduction.

Creating an online account with the IRS can take a bit of time, but it delivers you tons of information to make filing much easier. Once your account has been created you can find the info you'll need ...

By donating to eligible institutions and organisations, taxpayers can claim deductions ranging from 50% to 100% of the amount donated. However, there are certain limits on and conditions attached to ...

Where to find it: Your gross income for the year ... how much to subtract from your adjusted gross income, thus reducing your taxable income — can make a huge difference in your tax bill.

Your provisional income is based on half of your Social Security benefits, plus other sources that contribute to your adjusted gross income ... When you calculate the amount of tax to have ...

House Ways and Means Chairman Bruce Bannister, R-Greenville, discusses an income tax reform proposal that would lead to bringing the tax rate to 3.99% from the top rate of 6.2%. Travis Bell ...

On Schedule A, report the total medical expenses you paid during the year on line 1 and your adjusted gross income (from your Form 1040) on line 2. Enter 7.5% of your adjusted gross income on line 3.

Gross profit is a company's remaining profit after deducting the costs associated with producing and selling its products or services. It's also known as sales profit or gross income. Gross profit ...

Understanding how the income tax system works—and ways to minimize the amount you owe—is essential to financial planning. Learn about tax brackets, filing status, how to file taxes, and more.