If you had substantial health care expenditures last year, you may be able to deduct some of them from your taxable income.

Depending on what you've spent, claiming your medical expenses can get you a bigger refund. We walk you through everything you need to know before filing your taxes.

With taxes, it can pay to keep things simple. These 5 tax deductions let you trim your tax bill without itemizing.

These deductions, found on Schedule 1 of IRS Form 1040, reduce your adjusted gross income, or AGI, which means a lower tax bill for you. Learn more: Looking for more tax breaks? Here are popular ...

Homeowners have two choices when claiming deductions to reduce their taxable income: the standard or itemized deduction. But ...

Your aging-in-place plan could benefit from the medical expense tax deduction. But watch out for capital gains and property ...

Medical and dental care gets more expensive every year. Health insurance helps defray your costs, but benefits don’t generally improve to make up the difference. Can you catch a break by ...

South Carolinians would keep more money in their paychecks, but get a smaller refund when they file their taxes in 2027.