In a perfect world, the income you receive would be all yours to keep. However, the tax man is on his way and any dollar you earn is subject to a tax bill. But what is taxable income? Is it everything ...

Here's what you should know about income tax, what it is, how it works, how to calculate it and which states don't have it.

Learn what Net Income After Taxes (NIAT) means, how it's calculated, and see examples to understand this key financial metric ...

The alternative minimum tax (AMT) calculation determines whether a taxpayer must pay an additional amount beyond their regular income tax liability. To calculate AMT, taxable income is adjusted by ...

The difference between your effective tax rate and your marginal tax rate -- and how they are both calculated -- are questions that many people have come tax time. With tax season well underway, it's ...

Reporting taxes, applying for a loan and making a new company budget will require you to know how much money you bring in each year. Annual income is one of the most valuable metrics for quick, ...

The IRS adjusts the federal tax brackets every year account for inflation. The tax agency recently released the new brackets ...

For individuals, your gross income is the total amount of earned income that you can find on your paycheque before any taxes and deductions are taken off. It considers all sources of income from your ...

Enter household income you received, such as wages, unemployment, interest and dividends. Choose the filing status you use when you file your tax return Input the total of your itemized deductions, ...