A long list of other tax breaks, including the child tax credit, the American Opportunity Credit and the adoption credit, are tied to your modified adjusted gross income (MAGI). Your MAGI also ...

The maximum amount of EITC for a family with two children will be $7,316 (up from $7,152 in 2025) and $4,427 (up from $4,328 ...

Adjusted gross income is an amount that takes your total, or gross income, and makes certain adjustments to determine your income for certain tax break qualifications. Image source: The Motley Fool ...

For most beneficiaries, the government pays a substantial portion — about 75% — of the Part B premium, and the beneficiary ...

President Donald Trump's "big, beautiful bill" raised the SALT cap to $40,000 from $10,000 starting with tax year 2025, ...

If you’re a high-income earner or someone with a diverse investment portfolio, there’s a little-known tax that can have a ...

As usual, tax bracket thresholds were raised. Many taxpayers are getting some additional relief beginning this year, though.

Various farm programs as established by the Farm Service Agency have various limits based on the farmer’s adjusted gross income (AGI). However, some of these programs also allow for either a double ...

"Withholding." "Adjusted income." "Standard deduction." With Tax Day approaching, many new to the workforce are searching for explanations to help them make sense of all the lingo. Shannon McLay knows ...