Personal finance systems for spending, saving, debt, and investing.
Education & Certification
Taxes
Articles filed under Taxes.
What Is Modified Adjusted Gross Income (MAGI)?
Modified adjusted gross income (MAGI) can be calculated by taking your adjusted gross income (AGI) and adding back in certain deductions.
May 2, 2026
How to File a Tax Extension Online in 2026
A tax extension moves your federal tax filing deadline out six months to Oct. 15 — but you must request one by April 15. Here's more on how and where to file one.
May 2, 2026
Bonus Tax Rate: How Are Bonuses Taxed?
The bonus income tax rate is 22%. Any portion over $1 million is taxed at 37%. Employers must also withhold Medicare and Social Security taxes from bonuses.
Apr 4, 2026
W-2 Form: What It Is, How to Read It
Form W-2 is a record of your annual wages and how much tax you paid on them. Here's how to get a W-2 form and how to read it.
Apr 4, 2026
9 Ways to Pay Your Taxes in 2026
A few options for how to pay your tax bill are e-pay, credit or debit card, and cash. Learn about the cost and pros and cons of each method.
May 2, 2026
What Is Innocent Spouse Relief? Definition, How to Qualify
Requesting innocent spouse relief can help avoid additional tax if a spouse or ex-spouse misreported income or wrongly claimed tax breaks. See how to qualify.
May 2, 2026
This Grocery List App Saved Us Money — and Improved Our Marriage
Using a shared grocery list app helped us cut costs, stay on budget and reduce household stress by splitting the mental load of meal planning and shopping.
May 2, 2026
Cost Basis: What It Is, How to Calculate It
Cost basis is the original purchase price of an asset. Cost basis affects the profit and tax due on an asset sale. There are three ways to calculate cost basis.
May 2, 2026
How to Find an IRS Tax Office Near You
Find a tax office near you by using the IRS' online Taxpayer Assistance Center locator. Note that you'll need an appointment before visiting.
May 2, 2026
IRS Offer in Compromise: Basics, Who Qualifies
An IRS offer in compromise is a program allowing certain taxpayers to settle tax debt for less than they owe. Taxpayers must meet qualification requirements to apply, and the IRS rejects most applications.
May 2, 2026
Alternative Minimum Tax: Definition, How AMT Works in 2025 and 2026
The alternative minimum tax (AMT) ensures certain people pay a minimum amount of income tax. AMT rates are 26% or 28%. See who pays.
May 2, 2026
Estate Tax: Definition, Rates and Who Pays in 2025 and 2026
The federal estate tax is a tax on your assets after you die. Most estates aren't taxable unless the assets exceed $15 million in 2026.
May 2, 2026