If you work from home and dedicate part of the house exclusively to business, you can claim a tax deduction. The write-off is also available for the business use of a detached garage, storage shed ...

Below is a chart listing the standard deduction limits for this and the next tax year(s). The limits are arranged by the filing statuses introduced above. In addition, there is another standard ...

Anyone covered by a workplace plan may still be able to take a full or partial deduction, as shown in the chart. The chart ...

The standard deduction is a popular way for taxpayers to reduce their taxable income. Your deduction amount depends on your age, filing status and other factors. Many, or all, of the products ...

It's called the extra standard deduction, exclusively for people who are 65 years and older by the end of the tax year. Everyone knows about the standard deduction, which is a flat dollar amount ...