As tax season approaches, it's crucial to stay informed about the latest updates to IRS Form 1040 and its schedules.

Taxpayers face a learning curve for figuring out how key tax deductions in the mega tax bill will work when they file 2025 ...

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

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

Congress did not simply extend the Tax Cuts and Jobs Act provisions starting in 2026 with the One Big Beautiful Bill Act; it also modified some of those provisions effective in 2025.

Plus: Lost refund checks, new addresses at the IRS, Taxpayer Assistance Centers are closing, gambling and the IRS, tax ...

Quarterly estimated tax payments apply to individuals and businesses whose income is not fully covered by withholding.

A U.N. expert reports that repression in Russia is escalating, targeting civilians, journalists, and Ukrainian prisoners of ...

I'm 71 years old and my current Thrift Savings Plan (TSP) balance is $315,000 after withdrawing $60,000 this year. This is putting me in a higher tax bracket and I must pay a large amount of ...

Generally, after September 30, 2025, the Treasury Department has said that all federal agencies will cease sending and ...