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Tax

Don’t know a deduction from a credit? Confused about tax brackets and tax rates, or which filing status to choose? Credit Karma articles can help you learn about filing your federal and state income taxes.

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Young businessman working at his deskImage: Young businessman working at his desk

New W-4 form for 2020 eliminates those confusing ‘allowances’

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Can I file my federal return on my mobile...

Woman standing in her kitchen, reading on her phone and drinking coffee while the sun risesImage: Woman standing in her kitchen, reading on her phone and drinking coffee while the sun rises

What is tax evasion?

Man sitting on his porch, looking at his phone with his daughterImage: Man sitting on his porch, looking at his phone with his daughter

What is a tax write-off and can I take...

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Sold cryptocurrency lately? You may soon hear from the...

Young woman holding her dog and doing taxes on her laptopImage: Young woman holding her dog and doing taxes on her laptop

What is a tax credit?

Man at table in cafe, filling out his W-4 form on his phone.Image: Man at table in cafe, filling out his W-4 form on his phone.

What are W-4 allowances and how many should I...

Young couple enjoying breakfast on the sofa in their brand-new home.Image: Young couple enjoying breakfast on the sofa in their brand-new home.

What is the first-time homebuyer credit?

Woman standing in her living room, looking at her phone and smilingImage: Woman standing in her living room, looking at her phone and smiling

What are tax exemptions?

Two men hiking through a Redwood forestImage: Two men hiking through a Redwood forest

California tax rates: 5 Things to know

Two women sitting together on a bus, looking at a phone, confident they know what to do with a 1099-R.Image: Two women sitting together on a bus, looking at a phone, confident they know what to do with a 1099-R.

What is a 1099-R — and what to do...

Man and woman sitting together on a train, looking at a phone togetherImage: Man and woman sitting together on a train, looking at a phone together

What is a tax deduction?

Young woman in her kitchen drinking coffee and reading over tax form 1099-INTImage: Young woman in her kitchen drinking coffee and reading over tax form 1099-INT

Form 1099-INT: What to know

Woman sitting on couch with son, using her smartphone to research states with no income taxImage: Woman sitting on couch with son, using her smartphone to research states with no income tax

The 7 states with no income tax: What to...

Two women standing together in their kitchen, cooking dinner and consulting a tabletImage: Two women standing together in their kitchen, cooking dinner and consulting a tablet

1098 forms and how they work with tax breaks

Young woman on floor at home filling out an IRS schedule 1 formImage: Young woman on floor at home filling out an IRS schedule 1 form

What is the IRS Schedule 1?

Happy fathers looking at daughter using laptop at table in kitchenImage: Happy fathers looking at daughter using laptop at table in kitchen

What does ‘effective tax rate’ mean?

Woman sitting at her kitchen table, smiling and reading on her tablet over breakfastImage: Woman sitting at her kitchen table, smiling and reading on her tablet over breakfast

How can I find an IRS office near me?

Young woman on computer calculating her marginal tax rateImage: Young woman on computer calculating her marginal tax rate

What does ‘marginal tax rate’ mean?

Man sitting at a counter in his kitchen, looking down to read on his tabletImage: Man sitting at a counter in his kitchen, looking down to read on his tablet

What is the IRS underpayment penalty?

College student standing in the hallway, holding her books and smilingImage: College student standing in the hallway, holding her books and smiling

What should college students know about Form 1098-T?

Female college student sitting outside with laptop and cup of coffeeImage: Female college student sitting outside with laptop and cup of coffee

Student loan interest and the 1098-E form: Things to...

Young woman in kitchen calculating her 2019 tax bracketImage: Young woman in kitchen calculating her 2019 tax bracket

What are the 2019 tax brackets for federal income...

Two men sitting at their kitchen table, talking over breakfastImage: Two men sitting at their kitchen table, talking over breakfast

What is the standard deduction for 2019?

Businessman standing on the street holding his baby in a carrier, looking at his phoneImage: Businessman standing on the street holding his baby in a carrier, looking at his phone

When is the tax extension deadline?

Woman in home office doing paperworkImage: Woman in home office doing paperwork

What is a flat tax on income?

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Independent contractor taxes: What to know

Woman sitting on the floor of her living room, working on her laptopImage: Woman sitting on the floor of her living room, working on her laptop

Is disability income taxable?

Female college student with laptop looking at her tax form 1099qImage: Female college student with laptop looking at her tax form 1099q

Why did I get a Form 1099-Q and what...

African American woman working at home with laptopImage: African American woman working at home with laptop

What are the Roth IRA income limits?

Young woman looking at Form 1099-C and wondering if she has to pay taxes on canceled debtImage: Young woman looking at Form 1099-C and wondering if she has to pay taxes on canceled debt

Do I have to pay tax on canceled debt?

Restaurant manager talking on the phone and using a laptop to see if he needs to file a form 1099-KImage: Restaurant manager talking on the phone and using a laptop to see if he needs to file a form 1099-K

Form 1099-K: What online sellers should know

Woman holding her child as she reads on her phoneImage: Woman holding her child as she reads on her phone

Where’s my amended tax return?

Nanny playing with little baby on the floor at homeImage: Nanny playing with little baby on the floor at home

What’s the ‘nanny tax,’ and do I have to...

Father and daughter playing with baby girl on sofa at homeImage: Father and daughter playing with baby girl on sofa at home

Who’s a qualifying child for tax purposes?

Man looking through papers while his daughter sits on his lap, holding a calculator and pencilImage: Man looking through papers while his daughter sits on his lap, holding a calculator and pencil

Where’s my state refund? See how to track it.

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