Each week, in our Ask the Editor series, Joy Taylor, The Kiplinger Tax Letter Editor, answers questions on topics submitted by readers. This week, she’s looking at four questions on the meaning of ...

If you’ve ever stared at a tax form and wondered why the same year produces two different “income” numbers, you’re in good company. Taxes can feel like assembling a puzzle with a few extra pieces ...

People understandably gripe about the complexities of the federal income tax laws. Filling out your tax return is not as easy as writing a couple of numbers on a postcard and sending it to the IRS.

The Modified Adjusted Gross Income (MAGI) is a pivotal measure in determining eligibility for various tax benefits under the new tax reform. Unlike gross income or adjusted gross income (AGI), MAGI ...

While the wealthiest must be overjoyed with all the tax giveaways in the One Big Beautiful Bill, the new legislation can create headaches for their financial advisors. There are unexpected changes in ...

The recent Senate Tax Bill introduces substantial modifications to the tax code, particularly concerning gross income deductions. These changes are designed to reform the tax system, offering ...

Higher income means higher Medicare premiums in 2026. See the official IRMAA brackets and find out how much more you'll pay ...