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 ...

If your modified adjusted gross income (MAGI) is too high, your Medicare Part B premiums could skyrocket. This article ...

Social Security benefits remain taxable on federal income tax returns. But many older adults can save money with new enhanced ...

The way your income is taxed differs based on whether it’s considered earned or unearned . Read on to learn more.

Gain insights into gross interest, the annual interest rate paid on investments before taxes and fees, and how it impacts your financial returns.

Retiring at 60 with $1.5 million sounds comfortable until you realize Medicare doesn’t begin until 65. That five-year gap ...

That number is your household’s modified adjusted gross income (MAGI). If you understand this metric, it becomes much easier ...

The new deduction can lower your taxable income and thus your combined income. It's estimated that 90% of seniors will now pay no federal income tax on their Social Security benefits. Some other ...

Learn how the new 'No Tax on Tips' deduction can reduce your federal taxable income by up to $25,000 if you earn tips at work ...

Here's what to know about income tax ahead of tax season, including what it is, how it works, how to calculate it and which ...

Learn about gross, operating, and net profit margins, how each is calculated, and how businesses and investors can use them ...