Cancellation of debt. Stock options ... it reduces income before AGI,” Copeland explains. QCDs must be sent directly from a retirement fund to the charity to be eligible for the tax benefit ...

Sponsored: Credit card debt keeping you up at night ... employer benefits and contributions to retirement funds. What’s left is your net pay. Adjusted gross income differs from both of these ...

Contributing to a health savings account will also reduce your AGI, and you have until April 15 to set up and fund a health savings account for 2023. To qualify, you must have had an HSA-eligible ...