Toggle navigation
Search
Academy
Community
Make Money
Side Gigs
Quick Money
Start a Business
Career
Work From Home
Save Money
Best Ways to Save Money
Best Money Saving Apps
Save Money on Groceries
How to Save Money
Birthday Freebies
Budgeting
Best Budgeting Apps
Budgeting Apps for Couples
How to Budget
Budgeting for Beginners
Budgeting Tips and Tricks
Debt
Debt 101: What is Debt?
How to Pay Off Credit Card Debt
How to Pay Off Student Loans
How to Get a Loan
How to Consolidate Debt
Retirement
How to Save for Retirement
What is a Roth IRA?
What is a 401(k)?
How Does Social Security Work?
Credit
Credit Cards
Best Rewards Credit Cards to Maximize Your Spending in 2024
The 9 Best Travel Credit Cards of 2024
The Best Balance Transfer Credit Cards
Best Cash Back Rewards Credit Cards to Earn Money While You Spend in 2024
The Top 0% Interest APR Credit Cards in 2024
Credit Scores
Bank Accounts
Best Checking Accounts
Best Savings Accounts
Best Bank Promotions
How to Choose a Bank
How to Open a Bank Account
Investing
Investing for Beginners
Best Investment Apps
Best Robo-Advisors
How to Invest in Stocks
How to Invest in Cryptocurrency
Home Buying
How to Buy a House
Home Buying Tips
How Much House Can I Afford
Buy a House With Bad Credit
Home Buying Process
Taxes
Best Tax Software
Free Tax Filing
How to File Taxes
Tax Deductions
How to Save Money on Taxes
Insurance
Best Car Insurance
Lower Car Insurance Rate
Best Life Insurance
Best Homeowners Insurance
Best Pet Insurance
Academy
Community
Search
Search
Cancel
Remove
Home
>
Taxes
Thinking Ahead on Taxes? Tax Deductions Explained for 2025 Filings
October 21, 2024
by Catherine Hiles
Essentials
The Best Tax Software of 2024 Reviewed — Including the Free Versions
9 Ways to Keep More Money in Your Pocket at Tax Time
How to File Taxes in 2024
Independent Contractor Taxes: A Beginner’s Guide
Thinking Ahead on Taxes? Tax Deductions Explained for 2025 Filings
Latest from Taxes
This is How You Can Reap The Benefits of Donating to Your College
Here’s What You Need to Know if You’re Filing Your Taxes Late This Year
9 Ways to Keep More Money in Your Pocket at Tax Time
Why Those with Disabled Children May Not Want to Skimp on Social Security Taxes
How Long Should You Keep Your Tax Documents? The Answer Might Surprise You
Dear Penny: We’re Raising our Granddaughter. Can We Claim Her on Our Taxes?
How to Change Your Tax Withholdings — and When to Do It
Here Are the 2024 Tax Deadlines You Need to Know
7 Handy Tools That Make Free Tax Filing Possible
What Does Head of Household Mean? Here’s How It Will Impact Your Taxes
What If I Can’t Pay My Taxes? First, Don’t Panic
HOMES Rebates Can Save You Money: See Which States Are Participating
There are Fees — and Perks — that May Come with Having an Electric Vehicle
Find Out Which Tax Provisions Are Expiring in 2025
H&R Block Online Review 2024: How It Stacks Up With Other Filing Services
How to File Taxes in 2024
TurboTax Review 2024: The Pros, Cons and What You Need to Know
This Is a Lousy Time to Call the IRS for Help. Do This Instead
Tax Tips You Can (and Should) Take From the Rich
TaxAct Review 2024: A Solid and Frugal Tax Filing Option
Free Tax Help for Seniors: 4 Resources to Save You Money at Tax Time
Working From Home? 7 Rules for Deducting Your Home Office for Taxes
4 Can’t-Miss Tax Deductions for Gig Workers in 2024
Dear Penny: My Dad Died and Left Me $500,000. Do I Have to Pay Taxes On It?
Dear Penny: Mom’s Home Has Appreciated — When We Sell, Will We Owe Lots?
Is Life Insurance Taxable? No, Except in These 4 Situations
Powerball Is at $1 Billion. But How Much Would You Really Get if You Won?
Do You Have to Pay Taxes on Gambling Winnings? (Spoiler Alert: Yes)
Watch Out for This Scam: Fake IRS Letters About Unclaimed Tax Refunds
If You Didn’t Claim Your 2019 Tax Refund, You’re Running Out of Time
Tax Day Freebies and Deals 2023: Frequent Flyer Miles, Cookies and More
Here’s How to Maximize Home Improvement Credits and Save on Next Year’s Tax Bill
5 Things Everyone Gets Wrong About Filing for a Tax Extension
4 Smart Ways to Cope With a Tax Bill You Can’t Afford
Earnings From Survey Sites Are Taxable Income
Know What the IRS Says Is Taxable Income — And What Is Not
Prepare for a Smaller Tax Refund This Spring
Will a Social Security Increase Raise Your Tax Bill This Year?
Don’t Sleep on That Tax Refund — 5 Reasons Tax Experts Say to File Early
The Saver’s Credit Can Lower Your Tax Bill by $2,000. Here’s How
Free File Alliance Is the Cheapest Way to File Your Taxes
Do You Have to Pay Taxes on Your Savings Account Interest?
11 Tax Breaks Parents Can Get for Claiming Kids on Taxes
Common Forms and Rules That Gig Drivers Need to Know for Tax Season
Yes, Your Unemployment Is Taxable. But You Shouldn’t Panic if You Owe
What Is the Earned Income Tax Credit and How to Know If You Qualify
Taxes in Retirement: What to Expect and How to Save Money
Best Mileage Tracker Apps of 2023
You Could Double Your Tax Refund by Entering This Free Sweepstakes
Independent Contractor Taxes: A Beginner’s Guide
The Best Tax Software of 2024 Reviewed — Including the Free Versions
5 Scary Financial Surprises That Could Cost You Big in 2023
How Are Bonuses Taxed?
Here’s How Giving Tuesday Could Help You Come Tax Time
Dear Penny: Can My Daughter Claim Her Lazy Boyfriend as a Dependent?
IRS Is Sending Letters to Millions Still Eligible for Stimulus Checks
2025 Tax Brackets: Here’s How Much You’ll Owe the IRS Next Year
IRS Refunding $1.2 Billion in Fines — But You Must File Overdue Taxes Soon
Will You Owe Taxes if Your Student Loan Debt Is Forgiven?
4 Ways the Inflation Reduction Act Could Save You Money
Do You Live in One of the 17 States Sending Out Stimulus Checks?
Should You Buy a Car Before the EV Tax Credit Changes?
Considering a Tax Refund Advance Loan? It May Cost More Than You Think
6 Reasons You Could Get a $1,400 Stimulus Check When You File Taxes
Disabled? You Could Get a Break on State Taxes With an ABLE Account
What Is a Tax Credit and How It’s Different From a Tax Deduction
What Happens After $250+ Monthly Child Tax Credits End on Dec. 15?
Freelancer Expenses Can Get Complicated. This Service Will Keep Track For You (and Save You Big on Taxes)
Your Second Child Tax Credit Hits Your Bank Account on Friday, Aug. 13
Do You Get Your Ex’s $300/Month Child Tax Credit if They Owe Child Support?
Load More
6,878,387
245,248
1,200,000
171,689
1,749,235
1,054,295
8,250,076