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Is it true that only 53 percent of Americans pay income tax?

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Is it true that only 53 percent of Americans pay income tax? Find out whether it's true that only 53 percent of Americans pay income tax.

What Happened to the Income Tax Personal Exemption?

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HowStuffWorks examines the fate of the personal exemption in light of the tax reform laws of 2017 and it affects 2018 income tax refunds.

How to Calculate Modified AGI

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Your modified adjusted gross income helps the IRS decide how much of your IRA contributions you can deduct. See how to calculate modified AGI.

Do you pay taxes on your pension income?

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A pension is an employer-provided benefit that supplies income when you retire, but it is also taxed. Learn more about pension taxes at HowStuffWorks.

Could income tax be replaced by a consumption-based sales tax?

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A consumption-based tax, sometimes called the Fair Tax, is one alternative to the current U.S. tax system. Learn more about a consumption-based tax.

Do You Have to Pay Income Tax on Stuff Sold on eBay?

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Whether you pay taxes on eBay sales depends on whether this is a casual hobby or a serious money-maker for you.

What Is Royalty Income and How Is It Taxed?

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Creative work can make money over time in the form of royalties. But, royalty income is taxed as well, even if it's from a side job for the taxpayer.

What if I didn't file and pay my income taxes?

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Not paying taxes can seem tempting, but it's not a very good idea. Find out what the punishment would be for not paying your income taxes.

10 Poorest States in the U.S. by Median Household Income

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The poorest states in the U.S. often face a multitude of economic and social challenges that contribute to and perpetuate their low median household incomes.

How can you claim student loan interest on your income tax return?

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To claim student loan interest on your tax return you must meet certain criteria. Learn about claiming student loan interest.

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