Here's what you should know about income tax, what it is, how it works, how to calculate it and which states don't have it.

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(NewsNation) — Nobody likes paying taxes, but it’s even more frustrating to get blindsided by a tax bill you never saw coming. That’s why it’s important to have a general idea of how much tax you owe, ...

For tax year 2026, the standard deduction will be $32,200 for married couples filing jointly. For single taxpayers and married individuals filing separately, the standard deduction rises to $16,100 ...