Personal Finance : Tax Information

How to Avoid Paying High Capital Gains Tax on Rental Property Sales?

Selling a rental property can trigger hefty capital gains taxes. Here's how to cut your tax bill with smart timing, exemptions and reinvestment strategies....

How to Avoid Paying High Capital Gains Tax on Rental Property Sales?

Is Real Estate Sale Profit Taxable? Here's What You Need to Know

Are you selling your house at a profit? Learn when you may owe taxes, how to qualify for exclusions, and smart ways to reduce your capital gains tax bill....

Is Real Estate Sale Profit Taxable? Here's What You Need to Know

Selling Your Rental Property? Know the Capital Gains Tax Rules

Selling a rental property triggers capital gains tax, with short-term gains taxed as income and long-term gains taxed at lower rates. Knowing tax rules helps minimize liabilities. ...

Selling Your Rental Property? Know the Capital Gains Tax Rules

Are Health Insurance Premiums Deductible If You Take a Deduction for an HSA?

You can claim tax breaks for both HSAs and health insurance premiums but not for the same expenses. Here is how to maximize each without double-dipping....

Are Health Insurance Premiums Deductible If You Take a Deduction for an HSA?

Can You Use Your 401(k) to Buy a House at 65 Without Paying Capital Gains?

Thinking of using your 401(k) to build or buy a house at age 65? Here is how taxes, penalties and smarter funding options really work for retirees....

Can You Use Your 401(k) to Buy a House at 65 Without Paying Capital Gains?

Can Parents & Students Both Claim Tuition Tax Credits?

Wondering who can claim tuition tax credits: you or your parents? Here is how the IRS decides who gets to claim education expenses and how much you can save....

Can Parents & Students Both Claim Tuition Tax Credits?

Do Beneficiaries Have to Pay Taxes When Inheriting Through Probate?

You may not owe federal income tax if you receive an inheritance through probate. Yet, some taxes may apply depending on the state and type of asset inherited....

Do Beneficiaries Have to Pay Taxes When Inheriting Through Probate?

Can You Deduct Home Equity Loan Interest on Your Taxes?

Interest on a home equity loan is deductible only if the loan proceeds are used for home improvements, and only when the taxpayer itemizes deductions rather than claiming the standard deduction....