President Donald Trump has long touted eliminating taxes on Social Security. His administration says he has achieved it, but ...

President Donald Trump signed a sweeping piece of legislation that includes several of his campaign promises, including no ...

For 2025, married couples over 65 filing jointly will also see a modest benefit. The extra deduction per qualifying spouse ...

AARP’s Fraud Wars unmasks the devastating impact of scams targeting older Americans. Watch Now. Help Register Login Login Hi, ...

Now that President Donald Trump signed the bill, workers will be able to deduct up to $25,000 in reported tips and $12,500 in ...

How some older adults could see federal income tax savings of $480 or more from a new senior "bonus" tax deduction, if it's ...

For tax year 2025, which applies to taxes filed in 2026, there are seven federal tax brackets with income tax rates of 10%, 12%, 22%, 24%, 32%, 35%, and 37%. These are the same tax brackets that ...

Use our federal income tax calculator to estimate your liability for tax year ... For example, the child tax credit for 2024 is partially refundable and worth $2,000 for every dependent age 16 and ...

For example, if Robin, a single filer, has a taxable income of $60,000, the first $9,875 would be taxed at 10% ($987.50 in tax owed), the next $30,250 would be taxed at 12% ($3,630 in tax owed ...

Needless to say, the actual tax rules and regulations are more complex than this brief summary can convey. For fiduciary tax rules cited in this column, see Internal Revenue Code sections 643 ...

Given marginal tax rates, the estimated total federal tax on your $100,000 of taxable income would be about $17,053. That is about $4,946 less than if a flat 22% federal tax rate applied to your ...