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  2. The mortgage interest deduction could save you ... - AOL

    www.aol.com/finance/mortgage-interest-deduction...

    The home mortgage interest deduction can help some filers maximize their tax refund. ... The provisions of the 2017 reform are set to expire at the end of 2025, so the limits may revert back to ...

  3. Tax Prep: Survivor’s Penalty Can Be ‘Biggest Shock ... - AOL

    www.aol.com/tax-prep-survivor-penalty-biggest...

    Unfortunately, it may be even worse once individual tax provisions from former president Donald Trump’s legislation come to an end. To put this into perspective, the individual brackets were 10% ...

  4. Income tax in the United States - Wikipedia

    en.wikipedia.org/wiki/Income_tax_in_the_United...

    The U.S. federal effective corporate tax rate has become much lower than the nominal rate because of various special tax provisions. Corporate tax is imposed in the U.S. at the federal, most state, and some local levels on the income of entities treated for tax purposes as corporations. [60]

  5. Alternative minimum tax - Wikipedia

    en.wikipedia.org/wiki/Alternative_minimum_tax

    The alternative minimum tax (AMT) is a tax imposed by the United States federal government in addition to the regular income tax for certain individuals, estates, and trusts. As of tax year 2018, the AMT raises about $5.2 billion, or 0.4% of all federal income tax revenue, affecting 0.1% of taxpayers, mostly in the upper income ranges. [1] [2]

  6. Taxation in the United States - Wikipedia

    en.wikipedia.org/wiki/Taxation_in_the_United_States

    Various aspects of the present system of definitions were expanded through 1926, when U.S. law was organized as the United States Code. Income, estate, gift, and excise tax provisions, plus provisions relating to tax returns and enforcement, were codified as Title 26, also known as the Internal Revenue Code. This was reorganized and somewhat ...

  7. What a Trump or Harris presidency would mean for your tax bill

    www.aol.com/trump-harris-presidency-mean-tax...

    If Trump makes all the TCJA's income-tax provisions permanent, middle-income Americans would get a tax break of about $1,000, while the top 0.1% of earners would see a cut of nearly $280,000, a ...

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