Social Security retirement claims tend to follow a seasonal pattern each year, and they increase over time with the aging of ...

The average Social Security payout already isn't enough to comfortably retire and it's expected to be even less in a decade.

In our latest Ask the Editor round-up, Joy Taylor, The Kiplinger Tax Letter Editor, answers questions on hobby losses, I ...

One tax expert says a proposed $4,000 bonus deduction is a 'far cry from the savings' that many would see with no taxes on ...

US. Trump tariffs blocked by Court of International Trade: What happens next? US. Newborns could receive a $1,000 bonus in 'Trump Accounts': Check the eligibility criteria For nearly 70 million ...

You cannot do the work you did previously ... at least full retirement age. You can report the taxable portion of your Social Security income on Form 1040 or 1040-SR on line 6b of your income ...

Note: For every $2 you earn from work, $1 will be reduced from your SSI payment. Working includes any job you have. You're required to promptly report changes ... Resources that do count toward ...

Many Americans rely on Social Security benefits as a ... If your benefits are taxable, you must report the taxable amount on Line 6b of Form 1040. Accurate reporting is crucial to avoid penalties ...

You can be a self-employed business owner without establishing a formal company. According to the IRS, you qualify as self-employed if you do odd jobs for pay, sell the occasional short story, or ...

Some retirees with student debt told BI they're worried their Social Security checks will be seized ... It's hopeless on top of hopeless." Do you have a story to share about your student loans?

You add up your revenue, subtract your expenses and report the total on Schedule 1, in the additional income section. You transfer the total from that section over to your 1040. Can a Sole ...

"If you feel like you need to provide an extra benefit to retirees, this is clearly a better way to do it than the original Social Security proposal that Trump had," Gleckman said. Social Security ...