I recommend that you do not be lazy and go through the effort of compiling your itemized deductions. Your efforts may be greatly rewarded!

If you itemize rather than take the standard deduction ... Tax Return. If you have a business or side income, include Form 1040 with a Schedule C and If you're a senior, you can file 1040-SR.

It allows you to file a 1040 for free ... Donation calculator: A donation calculator is a common tax software feature that helps you calculate the deduction value of items you've donated.

Refundable credits can result in a refund if they exceed your tax bill, while nonrefundable credits only reduce what you owe to zero. Most taxpayers take the standard deduction, but itemizing can ...

South Carolina might do away with a progressive income tax system altogether, replacing it with a regressive flat tax. Here's ...

Prior to 2018, investors could deduct some or all of their investment advisory fees on their federal tax returns. The Tax Cuts and Jobs Act of 2017, effective for tax years 2018 to 2025 ...

You'll need to itemize your deductions to benefit from these tax breaks, so it's important to calculate whether you can write off enough to make it worth not taking the standard deduction.

Individual Income Tax Return, or 1040-SR, Tax Return for Seniors — is Tuesday, April 15. How do I get a tax extension? If you know you won't be able to file your taxes by the April 15 deadline ...

Learn more Tax season is officially here. And if saving money is your biggest priority this year, there are plenty of tax ...