Federal taxable income generally includes wages, tips, royalties, commissions, and for some, up to 85% of Social Security benefits. And that's not an exhaustive list. However, several types of ...

Living on portfolio income is living the dream. Although many retirees are woefully short on savings, some manage to kick off ...

Keep in mind, too, that there are nine states that don’t tax your income. Here are eight types of income that are free from federal taxes. Child support payments are nontaxable income for those ...

While many things are surprisingly taxed in retirement, several types of retirement income aren’t taxable. Here are a few. The easiest way to avoid taxes on your retirement money is to use a ...

An assessee may be required to file one of several forms of income tax returns, contingent on the type and source of their ...

For more information, see our expert panel. When you think of your income, a paycheck probably comes to mind. But there are many other types of income that have to be reported on your annual tax ...