The home office deduction could provide a tax break on your 2024 return. Here's who qualifies and how to claim it.

A home equity loan has important tax benefits that users should remember this filing season. Here's what to know.

Medical expenses can be a major tax deduction, but only if they go over 7.5% of your adjusted gross income, which is ...

Now, though, there’s optimism that new legislation will allow the limit to go up. Trump wants the cap lifted, and influential ...

The mortgage tax break is one of the most common. It enables you to deduct the home mortgage interest on the first $750,000 ...

Standard versus itemized deduction: Which one should you claim? This question may be weighing heavily on your mind as you ...

A nonrefundable credit can reduce your tax liability to zero but not below that. Refundable credits can reduce your liability ...