Medical expenses can be a major tax deduction, but only if they go over 7.5% of your adjusted gross income, which is ...

Just because you work from home doesn't mean you can deduct a home office on your taxes. Here's how to qualify for the ...

Standard versus itemized deduction: Which one should you claim? This question may be weighing heavily on your mind as you ...

So are these HOA fees deductible on taxes? It depends. If you buy a property as your primary residence and are responsible for paying HOA fees on a monthly, quarterly, or yearly basis, those fees are ...

A nonrefundable credit can reduce your tax liability to zero but not below that. Refundable credits can reduce your liability ...

Self-employed: If you're self-employed and use your home office exclusively and regularly for that work, you may be able to deduct from your federal taxes a portion of home-related expenses ...