The IRS uses what's called "provisional income" to determine how much of your Social Security benefits are taxable. Your ...

To calculate your effective tax rate, you need two numbers: the total amount you paid in taxes and your taxable income for that year. You can find both numbers on your tax return.

Knowing your taxable income helps you make smarter choices about deductions, retirement contributions and how much tax to withhold. It can also prevent surprises at tax time. If your finances are more ...

To calculate the marginal tax rate on the investment, you'll need to figure out the additional tax on the new income. In this example, $500 will be taxed at 15% and $500 at 25%.

For a worker making $40,000 or less, standard deductions often already wipe out federal tax obligations. But for someone in ...

Wondering how a City of Edmonds levy lid lift would hit your tax bill? Try our calculator! As discussion ramps up over how to address a $13 million budget ...