How To Do Your Taxes

Find out how to file your federal taxes, get an extension, and more.

This article gives you the tax rates and related numbers that you will need to prepare your 2016 income tax return.

In the United States, a tax is imposed on income by the federal government, most state governments, and many local governments.

The United States of America is a federal republic with separate state and local governments. Taxes are imposed in the United States at each of these levels.

A tax (from the Latin taxo) is a financial charge or other levy imposed upon a taxpayer (an individual or legal entity) by a state or the functional equivalent of a state to fund various public expenditures.

Click here for 2017 Tax Brackets   Introduction Every year, the IRS adjusts more than 40 tax provisions for inflation. This is done to prevent what is called "bracket creep." This is the phenomenon by which people are pushed into higher income tax brackets or have reduced value from credits or deductions due to inflation, instead of any increase in real income.

The IRS is in charge of collecting taxes.

Learn about the best online tax preparation software & services as TaxACT, TurboTax and H&R Block go head to head in this comprehensive review.

No, the U.S. is not a high-tax country. But saying exactly how not-high-tax we are gets a little tricky.