Reminder: Khan Academy still has basic explanations on taxes in the U.S. This should help you with understanding tax brackets, deductions, and other related information.

I try to do this every tax season, and I felt the need to remind people that this resource exists. There are some simple explanations of tax law in the U.S. over at Khan Academy. Here are a couple links:

• Introduction to Tax Brackets
• Introduction to Deductions
• A link to all lessons in the Tax Portal

And since retirement accounts tie into deductions:

• Link to the Retirement Accounts lessons

As an added bonus:

• The personalfinance Wiki on Taxes (may need an update for Tax Year 2016).

Let me know if there's anything related I should add to this list. Happy filing!

Submitted January 10, 2017 at 08:07AM by zonination http://ift.tt/2iAgA7B