If you’re not sure which ones you may qualify for, here are some common deductions and credits new tax return filers can take.

I’m a huge fan of 529 college savings plans, but perhaps not for the reason you think. You see, I live in a state (Indiana), ...

You spent the year paying down your student loans, contributing to your savings, and having ... here are some common deductions and credits new tax return filers can take: American Opportunity ...

At the expected tax rate of 22%, that deduction would result in $220 of tax savings, reducing the total tax bill to ... The ...

The saver’s tax credit helps people who earn modest incomes save more for retirement. Learn whether you qualify for it and the advantages it can provide.

Filing your tax return can be daunting, especially if you're new to the process. However, understanding the deductions and ...

Fortunately, a nonrefundable tax credit, known as the retirement savings contributions credit ... incomes a tax break above and beyond any deductions that they may receive from contributions ...

Santa Fe, NM, Feb. 12, 2025 (GLOBE NEWSWIRE) -- Education is a pathway to success—a pathway that often requires a funding strategy from families and students. Proactive savings through a 529 education ...

Utah residents can receive a tax deduction of 4.55% on up to $219.31 per year (up to $109.66 per year for single filers). New York's low-cost 529 College Savings Program is a direct-sold plan ...

Student loan forgiveness has been in the forefront, but the potential elimination of the student loan interest deduction warrants close attention, too.