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Articles filed under Taxes.

Capital gains tax is a tax on profits from asset sales. Long-term capital gains tax rates are 0%, 15% or 20%. Short-term rates equal ordinary income tax rates.
Jul 18, 2026

The SALT deduction lets filers deduct state and local taxes from taxable income. The limit is $40,000 in 2025 and $40,400 in 2026; it's lower for high earners.
Jul 18, 2026

Investing the money in an HSA can help save for future medical expenses while enjoying tax-deductible contributions, tax-free growth and tax-free withdrawals.
Jul 18, 2026

A wash sale is the sale of a security at a loss and a subsequent immediate repurchase. The wash-sale rule prohibits deducting losses associated with wash sales.
Jul 18, 2026

Here are 15 big self-employment tax deductions and tax benefits that could slash tax bills for freelancers, contractors and other people who work for themselves.
Jul 18, 2026

Under the married filing separately status, each spouse reports their income, credits and deductions on a separate tax return rather than jointly.
Jul 18, 2026

A tax dependent is a qualifying child or relative who can be claimed on your tax return if they meet certain requirements.
Jul 18, 2026

Gross income is the sum of all your earnings before adjustments like deductions or taxes. It can include wages from a job, among other things.
Jul 18, 2026

The “big, beautiful bill” extends many tax cuts enacted during the first Trump administration in 2017 — and adds new ones. Here are some key provisions taxpayers need to know.
Jul 18, 2026

Married filing jointly is a tax filing status that lets married couples report combined income, credits and deductions on one tax return. This filing status can offer access to more tax credits and larger tax deductions.
Jul 18, 2026

Federal tax returns collect information about personal or businesses income, and help filers determine how much they may owe or receive as a refund.
Jul 18, 2026

State income tax rates can raise your tax bill. Find your state's income tax rate, see how it compares to others and see a list of states with no income tax.
Jul 18, 2026