If you paid interest on your student loan debt in 2024, you may be able to deduct up to $2,500 from your taxable income.

If you had or adopted your first child in 2024, your taxes are about to get more complicated. Here's a guide to help you ...

Gross income is an average of 2020 to 2022 items on your income tax return. However, we must wait on USDA for regulations to ...

I am confused by an article in my local newspaper which said that “MAGI” (modified adjusted gross income), on which my Medicare Part B premium is based, is my Adjusted Gross Income, plus any ...

If you earned more than the Medicare income limit, you'll pay more for Medicare Part B (medical coverage) and Part D (prescription coverage). Medicare looks at a number called the modified adjusted ...

Kenvue Inc. (NYSE: KVUE), today announced financial results for the full year and fiscal fourth quarter ended December 29, 2024.

To claim the full credit, your modified adjusted gross income, which is generally close to your adjusted gross income, must be $252,150 or below. If you make more, the credit begins to taper out.