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Tax Breaks for Middle-Class Americans

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alerts-kiplinger.com

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Sun, Dec 20, 2020 11:13 AM

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Plus: It's ITIN Renewal Time! TIPS TO TRIM YOUR TAXES Tax breaks aren't just for the rich. There are

Plus: It's ITIN Renewal Time! [VIEW IN BROWSER]( [Kiplinger Special Report]( TIPS TO TRIM YOUR TAXES [11 Tax Breaks for the Middle Class]( Tax breaks aren't just for the rich. There are plenty of them that are only available to middle- and low-income Americans. Plus: [The 10 Most Tax-Friendly States for Middle-Class Families]( [READ MORE]( [12 States That Won't Tax Your Retirement Income]( Retirees can save a lot of money in these states that completely exempt the most common types of retirement income -- 401(k)s, IRAs and pensions -- from taxation. Plus: [State-by-State Guide to Taxes on Retirees]( [READ MORE]( SPONSORED CONTENT FROM PERSONAL CAPITAL [Don't Miss Out On Tax Friendly Retirement Accounts]( [These are Your 3 Financial Advisors in Your Area]( Building a nest egg in retirement is half the battle. What about spending? One of the top fears of retirees is not having enough money. Without a plan, you could take out too much and run out, or withdraw too little and scrimp unnecessarily. [READ MORE]( [5 States With No State Sales Tax]( A handful of states don't impose a state sales tax, but that doesn't necessarily make them the best states for low taxes. Plus: [9 States with No Income Tax]( [READ MORE]( [11 Surprising Things That Are Taxable]( If you picked up any of the income or property on our list, make sure you declare it on your next tax return. Plus: [It's ITIN Renewal Time!]( [READ MORE]( [Fund Your IRA, Cut Your Taxes]( There’s still time to make a 2020 IRA contribution and lower your tax bill. Plus: [11 Year-End Moves to Lower Your 2020 Tax Bill]( [READ MORE]( ALSO ON KIPLINGER [Sign Up Free for Kiplinger's Daily Closing Bell e-Newsletter to Get Ahead of the Market]( [Watch Out for Stimulus Check Texting Scam]( [Tax Wrinkles for Work-at-Home Employees During COVID-19]( [Kiplinger] [Facebook]( [Twitter]( [LinkedIn]( Send this to a friend. [Click here.]( All content ©2020 The Kiplinger Washington Editors 1100 13th Street, NW, Suite 1000 Washington, D.C. 20005 Thank you for subscribing to our free Tax Tips e-newsletter. Trim your federal and state tax bills with our actionable tax-planning strategies and tax-filing tactics. Published weekly December - April, monthly May - November. If you ever wish to stop receiving this service, please [click here to unsubscribe](.

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