Asian stocks saw muted trade as investors sought clarity following a US market surge that erased year-to-date losses, fueled ...

It’s important for both residents and businesses to understand California state income tax brackets and how they impact what ...

In our Ask the Editor series, Joy Taylor, The Kiplinger Tax Letter Editor, answers readers' questions on tax deductions and ...

The Cambridge Democrat and her husband, Bruce A. Mann, reported a gross taxable income of $912,689 in 2024, a copy of their ...

This type of investment expense used to be deductible as a miscellaneous itemized deduction on Schedule A of the Form 1040 (subject to the 2%-of-adjusted-gross-income limit), but the 2017 Tax Cuts ...

Eligible NH homeowners received more than $1.1 million in tax relief in 2024 through the Low and Moderate Income Homeowners ...

South Carolina residents had extra time this year to file income taxes because of Hurricane Helene, but that time is about to ...

Your MAGI is the sum of: your adjusted gross income found on line 11 of the Internal Revenue Service (IRS) tax filing form 1040, plus your tax-exempt interest income, found on line 2a of IRS Form ...

To qualify, your household income (the “adjusted gross income” on line 11 of your tax return, IRS Form 1040) must be no more than $300,000 for joint filers, $225,000 for heads of households ...

Does Adjusted Gross Income (AGI) Include Tax-Exempt Interest ... Internal Revenue Service. "Form 1040," Page 1. Internal Revenue Service. "About Form 1099-INT, Interest Income." ...

Reporting a Casualty and Theft Loss Casualty and theft losses are reported under the casualty loss section on Schedule A of Form 1040. They are subject to a 10% adjusted gross income (AGI ...