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Take on taxes

How to help manage taxes including investing, saving, and estate-planning tips.

You may know your tax bracket—but that’s not really what you pay. In fact, the average American pays about 11% of income in federal income taxes. But that average hides a great deal of variation: Some pay nothing, and others pay more than 30%.1

What determines your percentage you will pay? A lot of it is based on how much you make, but you can affect your tax bill by knowing the rules, managing how you generate income, choosing what accounts you invest in, and taking advantage of potential deductions. This series of Viewpoints can help.

Five tips for 2015 tax returns
Why file early, where to get 2015 Fidelity tax forms, and ways you may able to reduce your taxes.

New law provides tax relief
A new law avoids a government shutdown and provides $680 billion in tax relief.

10 savvy year-end tax strategies
A little planning now may help make a noticeable difference in your 2015 tax bill.
Tips for deducting more at tax time
You don’t have to read the entire tax code to find deductions that may lower your taxes.

Seven midyear tax checkup tips
Things to do now that may help you pay less tax and avoid surprises on 2015 tax returns.

Kids and taxes: answers to six common questions
Answers to six often-asked tax-related questions that may help lower a family’s tax bill.
Fidelity does not provide legal or tax advice. The information herein is general in nature and should not be considered legal or tax advice. Consult an attorney or tax professional regarding your specific situation.
Fidelity Brokerage Services LLC, Member NYSE, SIPC, 900 Salem Street, Smithfield, Rhode Island 02917
620996.32.8
Eight tax-smart savings tips
Are you saving enough—and smartly? Here are tax-advantaged ways to help you do both.

Save taxes in retirement
How to manage income tax brackets to boost income in retirement.

Answers to common Roth conversion questions
When to convert, how to figure out taxes, why to undo a conversion, and more.
Roth or traditional IRA or 401(k)—two tips for choosing
Taxes and how you manage your money can help you in figuring out a better way to save.

Tax-savvy Roth IRA conversions
Before you convert your traditional IRA to a Roth IRA, consider two tax-savvy strategies.

Roth conversions after 50?
Eight things to consider about a Roth IRA conversion when you are in or near retirement.
Fidelity does not provide legal or tax advice. The information herein is general in nature and should not be considered legal or tax advice. Consult an attorney or tax professional regarding your specific situation.
Keep in mind that investing involves risk. The value of your investment will fluctuate over time and you may gain or lose money.
2. A distribution from a Roth IRA is tax free and penalty free provided that the five‐year aging requirement has been satisfied and at least one of the following conditions is met: you reach age 59½, die, become disabled, or make a qualified first‐time home purchase ($10,000 lifetime limit).
Fidelity Brokerage Services LLC, Member NYSE, SIPC, 900 Salem Street, Smithfield, Rhode Island 02917
620996.32.8
Harvesting losses: One benefit of a correction
Consider selling losing investments to help reduce taxes on gains from winning ones.

Tax loss harvesting using ETFs
You may be able to reduce your tax bill by using exchange-traded funds (ETFs).

Four tax-efficient strategies in retirement
How to plan your income withdrawal strategy with taxes in mind.
Asset location: Seek higher after-tax returns
Choosing the right account can help you keep more of your investing gains.

Tax-smart investing tips
Help reduce taxes by carefully choosing accounts, deductions, and how you earn income.
Fidelity does not provide legal or tax advice. The information herein is general in nature and should not be considered legal or tax advice. Consult an attorney or tax professional regarding your specific situation.
ETFs are subject to market fluctuation and the risks of their underlying investments. ETFs are subject to management fees and other expenses.
Keep in mind that investing involves risk. The value of your investment will fluctuate over time and you may gain or lose money.
Fidelity Brokerage Services LLC, Member NYSE, SIPC, 900 Salem Street, Smithfield, Rhode Island 02917
620996.32.8
Fidelity does not provide legal or tax advice. The information herein is general in nature and should not be considered legal or tax advice. Consult an attorney or tax professional regarding your specific situation.
Keep in mind that investing involves risk. The value of your investment will fluctuate over time and you may gain or lose money.
Fidelity Brokerage Services LLC, Member NYSE, SIPC, 900 Salem Street, Smithfield, Rhode Island 02917
620996.32.8

Additional resources

2015 tax rates

See this year’s tax brackets and rates, in this chart.