Low-income tax filers and families should especially take a close look at tax credits while they file their tax returns. The ...

Blue Trust Inc. grew its stake in shares of Alamos Gold Inc. (NYSE:AGI – Free Report) (TSE:AGI) by 155.7% during the fourth ...

However, investors should be aware of two important changes in 2025. First, the income limits for traditional IRA deduction limits have increased. Second, the income limits for Roth IRA eligibility ...

Employers can’t contribute directly to an employee’s personal Roth IRA, but they can still help with retirement savings in ...

Sometimes the IRS lets you fix a mistake without a penalty. Here are some instances, including examples involving IRAs and RMDs.

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

Student loan interest may be tax-deductible, but the amount eligible for deduction is based on modified adjusted gross income ... To find your cost, factor in the loan’s daily interest rate ...

For 2025, you can deduct up to $2,500. The deduction starts phasing out for single filers if your Modified Adjusted Gross Income (MAGI) exceeds $75,000 and is completely unavailable at $90,000.

you must calculate your 'provisional income,' also known as combined income. This calculation involves adding 50% of your Social Security benefits, your modified adjusted gross income, and any tax ...

If you have income from multiple sources in retirement, such as pensions, withdrawals from retirement accounts or side jobs, you may have to pay taxes on part of your Social Security benefits.

For most people, modified adjusted gross income is about the same as adjusted gross income (AGI). If your income places you on the borderline for IRMAA or if you routinely make significant deductions, ...