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  2. From the Child Tax Credit to Retirement Tax Surprises: Our ...

    www.aol.com/finance/child-tax-credit-retirement...

    Understanding which tax credits and breaks you are... Taxes are a not-so-fun, yet inevitable part of the year. ... From the Child Tax Credit to Retirement Tax Surprises: ... Federal Reserve chief ...

  3. Here are the key retirement provisions in the $3.5 trillion ...

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    The legislation also has a range of smaller changes to the retirement system, including new tax credits to help small businesses set up their own IRA or Simplified Employee Pension (SEP) plans for ...

  4. Depending on your adjusted gross income and tax filing status, you can claim the credit for 50%, 20% or 10% of the first $2,000 you contribute to a retirement account within a tax year.

  5. New Homeowners: Here’s What You Need To Know for Your Taxes

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    Although a direct federal tax credit isn’t available anymore, tax credit opportunities do exist on the state and local levels. ... The IRS says you can pull funds from your individual retirement ...

  6. All the States That Don’t Tax Social Security

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    However, the state recently capitulated and now uses its own income-based tax credit system to offset Social Security income for single filers earning less than $30,000 and joint filers drawing ...

  7. Surprise! Here's Where Your Tax Dollars Go

    www.aol.com/2011/10/25/surprise-heres-where-your...

    First off, they pay $4,960 in Social Security tax, which goes toward retirement and survivor benefits, as well as disability insurance. Medicare takes $1,160 to cover Medicare hospital insurance.

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