Older taxpayers now have access to some of the most generous standard deduction rules on record, and the stakes are high for ...

Understanding your 1040 is the best way to legally minimize your taxes. Top tax professionals will tell you that effective tax planning needs to be proactive, not reactive. The best tax planning needs ...

Form 1040 is the essential U.S. tax form for reporting individual income to the IRS. Discover its types, uses, and filing ...

Learn how tax deductibles work to lower your taxes. Discover common deductions like student loan interest, charitable ...

Taxpayers who want to claim some attractive new income tax deductions that were packed into the One Big Beautiful Bill Act will need to keep their records — and get ready to file yet another form to ...

Tax Form 1098 tells the IRS how much mortgage interest you paid last year. You may be able to deduct this amount on your Schedule A. Not all mortgage interest is tax deductible. If you have a mortgage ...

If you can file your taxes early, you should. Here's everything you'll want to have ready to do it. Peter is a writer and editor for the CNET How-To team. He has been covering technology, software, ...

Many people will be shocked when they discover the intricate rules — and lack of supporting paperwork — when filing 2025 federal income tax returns.