News and advice on how to minimize your tax liability in retirement

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Americans can now put a lot more in health savings accounts. Here’s how much they can invest.

Contributions to health savings accounts increase at steepest level since HSAs were first rolled out in 2004.

More Headlines on Taxes

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IRS will launch free tax-filing pilot in 2024. TurboTax, H&R Block and Republicans are opposed.

The IRS will receive $80 billion in funding over the next decade. Of that, Congress earmarked $15 million to study an IRS free tax-prep service.

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IRS explores offering a free tax-filing service. What could go wrong?

The IRS is examining if it can pull off a free, online tax-preparation service.

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IRS commissioner admits Black taxpayers appear to be audited at outsized rates

The head of the Internal Revenue Service acknowledged Monday racial disparities in how tax returns are treated by the agency.

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I took out a 401(k) loan but am changing jobs. What do I do now?

When a loan is not paid off, the outstanding balance is treated as a distribution.

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You should always max out your 401(k) contribution, right? Not if taxes go up.

With steeper tax rates expected in coming decades, traditional advice deserves another look.

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TurboTax will soon pay a $141 million settlement for ‘deceptive marketing.’ Will you be receiving a check?

Intuit, which owns TurboTax, admitted no wrongdoing in the case.

You want to move to a state with low- or no income tax. Your financial adviser might have another idea.

Consider property taxes, insurance costs and why you're inclined to relocate.

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IRS mulls offering free online tax prep services. TurboTax says IRS would turn into ‘judge, jury and executioner.’

Advocates say it's time for Americans to be able to prep and file their taxes directly with the IRS. Opponents say it's government overreach.

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Worried the IRS is going to audit your tax return? If you make less than $400,000, you can probably relax.

The IRS has revealed more specifics on which taxpayers face a higher chance of being audited — and which don't.

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Earth Day EV checklist: See which electric vehicles get a tax break on new list

New restrictions favoring U.S. manufacturing mean that only certain EV makes qualify for the up to $7,500 tax credit. Others can earn partial credit.

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I want to contribute to an IRA. Do I earn too much?

There is an income limit to be able to make a Roth IRA contribution but there is no income limit to contribute to a traditional IRA

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What happens if you can’t pay your taxes? IRS has a payment plan — but read this before you sign up.

Taxpayers entered into 2.4 million installment agreements in 2022.

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‘This was a test’: IRS has handled more than 100 million returns already — Tax Day by the numbers

Call-wait times are shorter, but so are refund amounts.

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Yes, inflation does affect your tax return. Here are 5 things to watch out for.

The standard deduction and tax brackets are some of the approximately 60 provisions the IRS updates annually for inflation.

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Biden administration wants to more aggressively audit the 1% — but that will be a lot trickier than it sounds

The IRS recently revealed its plans to use $80 billion in extra funding.

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Your tax refund will probably be smaller this year — unless you have a stock portfolio

If you’re feeling underwhelmed by the size of your income-tax refund this year, you’re probably not alone.

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Are you filing your taxes at the last minute? Take the MarketWatch Tax Quiz to see if you are prepared

Take the stress out of tax season with the MarketWatch tax quiz.

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Tax Day isn’t April 18 for natural disaster victims — here are the dates to remember

People recovering from snowstorms, mudslides, tornadoes and other natural disasters may have extra time to get their tax returns in order.

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Here’s one way the IRS will let you slide if you don’t file your 2022 taxes by April 18

Expecting a tax refund? Relax. If your return isn’t in for weeks, months -- even years -- the IRS can’t hurt you.

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5 things you should know about taxes if you’re over 65

If you're over 65, here's how taxes come into play with Medicare, Social Security, a side business and required minimum distributions.