Modified adjusted gross income, or MAGI, is a crucial tax term to know if you want to qualify for valuable tax benefits.

The federal government helps defray at least some small portion of those costs with the child and dependent care credit, ...

Unless Congress extends easings to the health premium tax credit, a popular Obamacare subsidy, millions of people could lose ...

Congress is likely to pass a tax cut on tipped wages this year. What we know about President Donald Trump's "one, big, ...

Given this environment, local leaders must do what they can to preserve and strengthen progressive revenue tools, advocate ...

The goal is not to improve program efficiency, but to pay for tax cuts for the very wealthy by denying people benefits ...

(Adjusted gross income, AGI, of no more than $75,000 for ... that burden by allowing seniors to keep more of their hard-earned money." Additionally, several proposals from lawmakers on both ...

Read also: Child tax credit to jump to $2,500 ... The income thresholds are adjusted gross income, increased by certain exclusions including foreign earned income and foreign housing costs.

It can include income taxes on earnings and capital gains taxes on assets. Both are based on brackets, a percentage of the money earned ... filer with an adjusted gross income of $65,400, your ...