Your take-home pay is the difference between your gross pay and what you get paid after taxes are taken out. How much you’re actually taxed depends on various factors such as your marital status ...

You might have heard about a specific age when Social Security benefits become tax-free. It may have been 70, 72, or even 65.

Since contributions to the account are made with after-tax dollars—meaning you fund it with money on which you've already paid taxes—there is no immediate tax advantage. The primary benefit of ...

Democrats are going after tax avoidance from big companies and wealthy individuals as the debate on taxes heats up ahead of ...

Some filers also need estimated payments if they haven’t withheld enough taxes from a full-time or part-time job.

And although the tax incentive for pretax contributions is a clear immediate benefit, it could make more financial sense to take advantage of after-tax contributions, which are different from Roth ...

the capital gains tax. After all, picking the right stock or mutual fund can be challenging enough without worrying about after-tax returns. Likewise, selling a home can be a daunting task ...

Net income is the amount you actually take home after deductions are made. These deductions include taxes, as well as other ...

But for new divorces finalized after 2018, alimony payments are no longer deductible by the payor nor taxable to the recipient at the federal level. States taxes will vary with some, like ...

With a traditional IRA CD, withdrawals made after age 65 are still considered taxable income and must be reported accordingly when filing taxes. Withdrawals taken from a Roth IRA CD after age 65 ...

On a salary of $100,000 per year, as long as you have minimal debt, you can afford a house priced at around $311,000 with a monthly payment of $2,333. This number assumes a 6.5% interest rate and ...