Each week, in our Ask the Editor series, Joy Taylor, The Kiplinger Tax Letter Editor, answers questions on topics submitted by readers. This week, she’s looking at four questions on the meaning of ...

Modified adjusted gross income, or MAGI, might sound like just more tax jargon, but knowing how to calculate your MAGI is key to determining your eligibility for several valuable tax benefits, ...

Tax-exempt bonds pay interest that is exempt from either federal or state income taxes — and in some cases, both. Many, or all, of the products featured on this page are from our advertising partners ...

The law creates a new deduction of up to $6,000 for people age 65 and older until 2029, and creates a tax break for up to $10 ...

Social Security, Medicare, MAGI and IRMAA: What your tax return might look like in April if you're 65 or older Financial adviser Devin Carroll got right to work over the Fourth of July weekend ...