MAGI is your adjusted gross income. It determines whether you qualify for specific benefits. And with Medicare, it determines whether you will pay higher Part B and Part D premiums. If you have a ...

The path to 0% taxation hinges entirely on controlling a single, crucial metric: your Provisional Income (also known as ...

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 ...

Frugal Habits Suze Orman Still Follows Even Though She Can Afford Almost Anything Orman noted that a modified gross income ...

Up to 85% of your Social Security benefits may be taxed, but a new "senior deduction" can cut taxes—unless your income is too ...

There’s a good chance you can get your IRMAA eliminated or reduced if your income has dropped in the past two years.

Here are six Social Security myths debunked: Though the solvency of the Social Security program is an ongoing topic of ...

In our Ask the Editor round-up, Joy Taylor, The Kiplinger Tax Letter Editor, answers questions on the new tax deduction for ...

The tax rule change mostly benefits homeowners in high-income, high-tax states around the country, especially those on the coasts.

In New Jersey, for instance, more than 40% of homeowners paid more in property taxes than the previous $10,000 cap allowed. Under the new $40,000 limit, only 1.6% are expected to exceed the threshold.

The state’s chief financial officer is asking Gov. Patrick Morrisey to call a special session before the end of the year to ...

The state’s chief financial officer is asking Gov. Patrick Morrisey to call a special session before the end of the year to ...