As the April 15 tax deadline approaches, here’s what you need to know about claiming deductions on your tax return. The standard deduction is a flat-dollar reduction to your adjusted gross income (AGI ...
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Ask the tax editor: Itemized deductions
Each week, in our Ask the Editor series, Joy Taylor, The Kiplinger Tax Letter Editor, answers questions on topics submitted by readers. This week she's looking at five questions on itemized deductions ...
Tax deductions help keep more money in your pocket, and when it's time to file your return, there are typically two ways to take them the standard deduction, *** single fixed amount, or itemize all of ...
If you’re a homeowner preparing to file your taxes, you’ve probably asked yourself: Should I take the standard deduction or itemize? The answer could make a big difference in how much you save—and it ...
HUNTSVILLE, Ala. (WAFF) - The One Big Beautiful Bill Act will impact the way you pay taxes this year, especially if you plan to use itemized deductions. Financial expert Jay McGowan from the Welch ...
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