There is an above-the-line deduction available for many individual taxpayers for qualified tuition and related expenses. The deductible expenses are defined in the same manner as they are for the ...

Congress enacted the alternative minimum tax (AMT) provisions found in IRC sections 55 to 59 to establish a floor so individuals would pay some tax regardless of the exclusions, deductions and credits ...

A few months ago, in response to a question from a reader, I discussed the deduction of health care premiums. I received many responses, and several readers raised issues related to this deduction.

Learn about IRS Form 8829, including who qualifies and how to fill out this form to claim a home office deduction. Many, or all, of the products featured on this page are from our advertising partners ...

Sorry tickets to see Taylor Swift perform are not tax deductible. SAO PAULO, BRAZIL - NOVEMBER 24: (EDITORIAL USE ONLY. NO BOOK COVERS.) Taylor Swift performs onstage during "Taylor Swift | The Eras ...