The way your income is taxed differs based on whether it’s considered earned or unearned . Read on to learn more.

Annual gross income Think of this as your salary, or the sum of your wages and tips, plus any income from interest, dividends, alimony, retirement distributions, unemployment compensation and Social ...

Input the total of your itemized deductions, such as mortgage interest, charitable contributions, medical and dental expenses, and state taxes. If your total itemized deductions are less than the ...

Input the total of your itemized deductions, such as mortgage interest, charitable contributions, medical and dental expenses, and state taxes. If your total itemized deductions are less than the ...

The IRS will open the 2026 tax season on Monday, Jan. 26, and if you're filing your own 2025 income tax returns, you may need ...

The IRS will open the 2026 tax season on Monday, Jan. 26, and you can use these calculators if you're already looking forward ...

Effective tax rate is your average tax rate as a percentage of total income. Marginal tax rate is the tax on your highest dollar earned, not your total income. Historically, top marginal rates have ...