Using the IRS tool can help, but it won’t answer all your questions. It's best to work with a lawyer in the end.

In our latest Ask the Editor round-up, Joy Taylor, The Kiplinger Tax Letter Editor, answers questions on new tax deductions ...

Forgiveness at the end of an income-driven repayment plan will be taxable beginning in 2026, potentially resulting in large ...

If you are wondering about the tax implications of money you receive in an inheritance, you may benefit from an IRS tool that can help answer some of your questions. The tool will only go so far-- you ...

The massive new tax law brings several tax-law changes for self-employed, freelance and gig workers, including some that ...

Managing student loans is a reality for millions, and while payments can be challenging, there's a significant tax relief ...

You should also keep other items as proof of gambling winnings and losses. For example, hold on to all W-2G forms, wagering tickets, canceled checks, credit records, bank withdrawals, and statements ...

In this week's Ask the Editor Q&A, we answer tax questions from readers on the new $6,000 deduction for taxpayers 65 and ...

Modified adjusted gross income (MAGI) is often used by the IRS and other federal agencies to determine your eligibility for ...

International - For most American expats living in Britain, a life overseas means having the ongoing nightmare of dual ...

Shamiese Wright, 32, of Charleston, has admitted in federal court to aiding and abetting money laundering related to a ...

Taxpayers can find their AGI on their income-tax return; for 2024 taxes filed this year, it's on line 11 of the 1040 tax form.