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

Most people claim the standard deduction on their federal tax return instead of itemizing deductions. How much can you claim?

There is an above-the-line deduction available for many individual taxpayers for qualified tuition and related expenses. The deductible expenses are defined in the same manner as they are for the ...

Contributions you make to a traditional IRA may be tax-deductible. Find out the income and deduction limits and how to report on your taxes. Traditional individual retirement accounts, or IRAs, are ...