Trending
How to Claim a Tax Dependent: Rules, Qualifications
Tax dependents are either qualifying children or qualifying relatives, and they can score you some big tax breaks.
Learn About
Taxes Learn Hub
Explore all of NerdWallet's taxes content, including articles on brackets and rates, planning and strategy, credits and deductions and navigating tax trouble.
Browse Articles
EXPLORE BY:
Married Filing Jointly: Advantages, Tax Credits and Who Qualifies
Filing a joint tax return is the most popular choice for married taxpayers, and it can often come with the most benefits.
What Is a Marginal Tax Rate? Definition and Calculator
The tax rate you pay on the highest portion of your taxable income is known as your marginal tax rate. Here’s how to determine it.
Kiddie Tax: Definition, How It Works, Examples
Under the kiddie tax, a child's investment income over a certain amount is taxed at the parent or guardian’s tax rate.
Married Filing Jointly: Advantages, Tax Credits and Who Qualifies
Filing a joint tax return is the most popular choice for married taxpayers, and it can often come with the most benefits.
What Is a Marginal Tax Rate? Definition and Calculator
The tax rate you pay on the highest portion of your taxable income is known as your marginal tax rate. Here’s how to determine it.
Kiddie Tax: Definition, How It Works, Examples
Under the kiddie tax, a child's investment income over a certain amount is taxed at the parent or guardian’s tax rate.
Married Filing Jointly: Advantages, Tax Credits and Who Qualifies
Filing a joint tax return is the most popular choice for married taxpayers, and it can often come with the most benefits.
What Is a Marginal Tax Rate? Definition and Calculator
The tax rate you pay on the highest portion of your taxable income is known as your marginal tax rate. Here’s how to determine it.
Kiddie Tax: Definition, How It Works, Examples
Under the kiddie tax, a child's investment income over a certain amount is taxed at the parent or guardian’s tax rate.
Married Filing Jointly: Advantages, Tax Credits and Who Qualifies
Filing a joint tax return is the most popular choice for married taxpayers, and it can often come with the most benefits.
What Is a Marginal Tax Rate? Definition and Calculator
The tax rate you pay on the highest portion of your taxable income is known as your marginal tax rate. Here’s how to determine it.
Kiddie Tax: Definition, How It Works, Examples
Under the kiddie tax, a child's investment income over a certain amount is taxed at the parent or guardian’s tax rate.
How to Claim a Tax Dependent: Rules, Qualifications
Tax dependents are either qualifying children or qualifying relatives, and they can score you some big tax breaks.
What Is Gross Income? Example and How to Calculate It
Gross income is a tally of all your earnings pre-tax. Here's how to figure it and how it differs from net income and adjusted gross income.
Head of Household Tax Filing Status: Rules, Who Qualifies
Using the head of household tax filing status could save you money if you qualify.
Author insights
With 250+ articles and 80+ years of combined expertise, our team helps you make confident financial choices. Discover more from NerdWallet's writers and strategists.
Authors Published In
Explore more on Taxes
Latest articles
2025 Tax Brackets and Federal Income Tax Rates
The 2025 federal income tax rates range from 10% to 37% and apply to taxes due by April of this year. Find out which bracket you're in.
2026 Tax Brackets and Federal Income Tax Rates
The IRS adjusts the federal tax brackets annually to keep pace with inflation. The 2026 tax brackets apply to taxes filed in 2027.
Analysis: What AI Gets Right (and Very Wrong) About Taxes
AI excels at tax law recall, but it struggles to grasp the nuances and quirks of humans.
Senior Tax Deduction: What It Is, Who Qualifies
Not to be confused with the additional standard deduction for seniors, the new senior tax deduction allows qualified filers to shelter even more of their income from taxes.
Free File Tax Program Remains Woefully Underused
Only 2% of federal income tax returns were filed through Free File, despite 70% of filers qualifying.
Data: Taxpayers Missing Out on Chance to File for Free
Despite 70% of taxpayers qualifying for Free File, less than 1.9% used the service in fiscal year 2023.
Taxable Income: Definition, How to Calculate It
Most forms of income count as taxable — but not all. Here’s how to calculate yours and some ways to reduce your liability.
1099 vs. W-2: Breaking Down the Differences
The 1099 vs. W-2 divide involves differences in job duties and tax implications. Here’s what to know, whether you’re a worker or an employer.
What Is Gross Income? Example and How to Calculate It
Gross income is a tally of all your earnings pre-tax. Here's how to figure it and how it differs from net income and adjusted gross income.
When Can I File My Taxes? Start Date, How Tax Season Works
Tax season — which runs from late January to mid-April — is a period when the IRS begins reviewing tax returns, but you may not have to wait until then to file.
What Is a Marginal Tax Rate? Definition and Calculator
The tax rate you pay on the highest portion of your taxable income is known as your marginal tax rate. Here’s how to determine it.
Underpayment Penalty: What It Is, How to Avoid It
Taxpayers who don’t pay their full tax bill by the filing deadline are subject to a 7% underpayment interest fee, among other penalties.
Married Filing Jointly: Advantages, Tax Credits and Who Qualifies
Filing a joint tax return is the most popular choice for married taxpayers, and it can often come with the most benefits.
What Is the Premium Tax Credit? How It Works, Calculator for 2026
The premium tax credit is a refundable credit that helps some taxpayers afford health insurance premiums. The advance PTC lowers the premiums themselves.
How to Find an IRS Office Near You
You can use the online Taxpayer Assistance Center locator to find an IRS tax office near you.
NerdWallet 2024 Tax Report
Most Americans will file taxes this year, but most don't know all of their filing options, including Free File.
What Is Backup Withholding?
Backup withholding is a tax on certain nonpayroll income. Learn more about how it works, which payments it applies to and how to stop it.
Kiddie Tax: Definition, How It Works, Examples
Under the kiddie tax, a child's investment income over a certain amount is taxed at the parent or guardian’s tax rate.
2
What Is Form 1095-C?
Form 1095-C is not required for employees to file taxes, but it’s good to keep it for your tax records.