There are some scenarios in which Social Security benefits are taxed. If Social Security payments were your only income for the year, then you will not be taxed by the IRS. However, if you have ...

Question: A man from Rock Island writes: ``My wife and I have income from a variety of sources and a significant tax liability each year. I understand that we can have federal income tax withheld from ...

Tax Day is approaching, and soon it will be time to begin assembling forms. If you haven't looked at them yet, all those numbers and letters – W-2, W-9, 1099 – can easily overwhelm you. Some forms are ...