The coronavirus pandemic disrupted the global economy in ways that may affect your 2020 taxes. WSJ tax reporter Richard Rubin shares his tips for this unusual tax season. Photo illustration:Laura ...

Dental care can quickly get expensive, especially if your children need braces or if you need a procedure like dental implants or a root canal. But are dental expenses tax deductible? Depending on how ...

Itemizing is a way to pick and choose your tax deductions. Here's how it works and how to tell if it's for you. Many, or all, of the products featured on this page are from our advertising partners ...

There’s nothing fun about medical bills or the reason you have them. The debt that often results from medical bills can create financial strain — even for people with savings earmarked for extra ...

A classically trained French hornist by education, Nick Wolny is a managing editor at CNET Group, where he oversees the Perspectives franchise and written branded content across CNET Group's ...

If you had substantial health care expenditures last year, you may be able to deduct some of them from your taxable income. But many taxpayers miss out on this valuable tax break because they don't ...

Every tax season, Americans must make a decision that can directly affect how much of their income remains untouched by the IRS. For many, the choice appears straightforward, but understanding the ...

Itemized deductions and the standard deduction are two options that taxpayers can choose when filing their tax returns. The choice affects how much taxable income is reduced, potentially influencing ...

Real estate may be about “location, location, location” – but when it comes to taxes, think “deductions, deductions, deductions.” A deduction cuts the income you’re taxed on. A deduction can mean a ...

Infertility treatments aren’t cheap, with a single round of in vitro fertilization costing upwards of $20,000. The good news is that the IRS says some of these expenses are tax deductible. The bad ...