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

As usual, tax bracket thresholds were raised. Many taxpayers are getting some additional relief beginning this year, though.

Adjusted gross income is an amount that takes your total, or gross income, and makes certain adjustments to determine your income for certain tax break qualifications. Image source: The Motley Fool ...

Up to 85% of your Social Security benefits may be taxed, but a new "senior deduction" can cut taxes—unless your income is too ...

If you get a raise next year, there’s a chance your tax rate won’t change thanks to new tax brackets recently released by the ...

In a statement this week, the IRS has announced the U.S.’s federal income-tax thresholds for the 2026 tax year.

Most states don’t tax Social Security, but rules vary in the 9 that do. Get up-to-date exemptions, thresholds and new ...

Knowing your MAGI can help you figure out if you're eligible for certain tax deductions this filing season. Plus, learn how it differs from adjusted gross income. Many, or all, of the products ...

If you’re a high-income earner or someone with a diverse investment portfolio, there’s a little-known tax that can have a ...

The IRS recently released the inflation-adjusted tax brackets for the 2026 tax year. The updated standard deduction was announced as well. With all other factors being equal, some high earners could ...