Homeowners who don't itemize lost a deduction, but TV producers, rum makers and race horse buyers gained.
You have one more week to pay property taxes, add energy-saving improvements, dump losing stocks and empty your FSA account.
Hedge-fund managers and affluent taxpayers mostly do well, but couples earning less than $40,000 may pay more taxes.
The package extends many Bush-era tax breaks, including lower rates, and cuts the Social Security payroll tax from 6.2% to 4.2%.
Tax deal lets homeowners continue to deduct PMI, but some will lose the right to deduct property taxes.
The child tax credit and other tax breaks mean more middle-class earners are paying no federal tax at all. Is that right?
Birth control, Viagra, counseling and other items are all deductible.
VIDEO ON MSN MONEY
Copyright © 2013 Microsoft. All rights reserved.
Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.
The Market Dispatches column has been discontinued. Here's where to find the latest stock and business news on MSN Money, and the latest from market writer Charley Blaine.
MONEY & POLITICS
Breaking up big banks is an untested solution to the too big to fail problem that attempts to isolate and dismantle large, troubled institutions while protecting the rest of the economy.
If your wallet is running on empty but you still have more shopping to do, we've got you covered. Here are 10 cool kid gifts that won't break the bank.
The IRS is struggling to combat identify thieves who file fraudulent tax returns in the names of older residents who don't need to file.