Tax season 2026 brings new and updated federal income tax credits and deductions. Here's how you can take advantage of each.

The "One, Big, Beautiful Bill" introduced major new tax deductions. Learn if you can benefit from no tax on tips, overtime, ...

The 2018 Tax Act created a new deduction for qualified business income earned by an individual. The basic deduction is 20% of ...

Donating to charity is a great way to show your giving spirit and can help save money at the same time if you follow key ...

From student loan interest to retirement contributions, explore above-the-line tax deductions that could reduce your taxable income and lower your tax bill.

If you purchased a new car after Dec. 31, 2024, you can now deduct the interest you paid on the auto loan when you file your ...

TurboTax 's free edition lets you report W-2 income, the Child Tax Credit, the Earned Income Tax Credit, deductions for student loan interest and some interest and dividends. According to TurboTax, ...

Most commercial tax-prep companies have free tiers. H&R Block is one of the most popular and has an easy-to-navigate ...