Tax Center

Sponsored by
TurboTax
  • The downside of striking it rich

    Many people think winning the lottery or getting a hefty inheritance means all their problems will disappear. But sometimes when that daydream turns into a reality, it can actually become a nightmare.

    Yahoo Finance
  • Play

    My experience getting audited

    It's every taxpayer’s worst nightmare – an audit. Sure, big corporations and billionaires with off-shore bank accounts can expect some extra attention from the IRS. But what about personal finance bloggers who spend their days dishing advice on sound financial decisions – there’s no way they could…

    Yahoo Finance Video
  • Here's what it's like to get audited

    It’s every taxpayer’s worst nightmare – an audit. Sure, big corporations and billionaires with off-shore bank accounts can expect some extra attention from the IRS. But what about personal finance bloggers who spend their days dishing advice on sound financial decisions – there’s no way they could…

    Yahoo Finance
  • Play

    What's your 2014 tax bracket?

    Yahoo Finance is answering your most-searched finance questions of the year. The second most-asked question was: "What's my 2014 tax bracket?"

    Yahoo Finance Video
  • Average federal tax refund is $3,120 so far

    One month into the tax filing season, the average federal tax refund was $3,120, the IRS said Thursday. As of Feb. 20, the agency said it paid out $125 billion in refunds and processed about 50 million ...

    CNNMoney.com
  • 7 Commonly Overlooked Tax Deductions

    Don't pay more taxes than you have to because you've missed taking legitimate tax deductions. Here are just a few you may have overlooked.

    Investopedia
  • A realistic look at homeowner tax breaks

    Don’t worry: This probably won’t have you running back into the arms of your landlord.

    MarketWatch
  • How to give your home to your children tax-free

    In order for the transaction to work properly, you’ve got to plan ahead. Here is a rundown of your options.

    MarketWatch
  • How an Obamacare Error Made Your Taxes Even More Complicated

    If you bought insurance at HealthCare.gov and received a subsidy, you might need corrected information before you file your taxes.

    Kiplinger
  • 5 Biggest Tax Breaks Extended for the Middle Class

    While the majority of the tax breaks in the bill pertain to businesses, several provide relief to individuals and the middle class.

    The Cheat Sheet
  • 5 Things Newlyweds Need to Know About Taxes

    Your marital status for the tax year is based solely on your marital status as of Dec. 31. The first step is to notify the Social Security Administration so your filings (and refund!) aren't delayed. Once you are married, you and your spouse will automatically be moved into a new filing status --…

    U.S.News & World Report
  • When and How to Hire a Tax Pro

    Here are three instances where hiring a professional to do the dirty work for you makes sense.

    Kiplinger
  • Help! Someone Used My Kid's Identity to Get a Bigger Tax Refund

    Identity theft poses a huge risk to your children's financial future, but it could make a mess of your taxes, too.

    Credit.com
  • Tips for tracking down your tax refund

    Go online, call a special toll-free number or even use your smartphone to check your refund status. The IRS says you can find out exactly where in the system your return is within 24 hours after the agency has received your e-filed tax return. The agency says that refunds are generally issued…

    Bankrate.com
  • Actress Emma Thompson Refuses To Pay Taxes Over HSBC Scandal

    HSBC's Swiss unit is still under fire, as are many in the UK. Meanwhile, Emma Thompson and her husband vow not to pay taxes until the rich pay theirs.

    Forbes
  • 4 Common Myths About Taxes

    Let's face it: the tax system is a mess and no one really understands what's going on with it. Here are a couple of common myths and the reality.

    The Cheat Sheet
  • 3 of the Worst Ways to Spend Your Tax Refund

    Last year, the average tax refund was around $2,650. Here are some of the most ridiculous things we spent that money on.

    The Cheat Sheet
  • Getting U.S. Tax Deductions On Foreign Real Estate

    If your home or second home is not in the United States, you can still get U.S. tax deductions. How many and what kind depends on whether you also rent it.

    Investopedia