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Federal Income Tax
About 21,000 high earners paid no federal income tax
About 21,000 high earners paid no federal income tax

A new report from the IRS shows that nearly 21,000 American households with incomes of $200,000 and up didn't owe federal income taxes. If you're like me, your first question is: How can that be? Your possible next question: Can I get that kind of tax treatment? Tax experts say it's not that difficult to avoid owing federal income taxes. And it doesn't require giving up U.S. citizenship, a step that Facebook's co-founder took last year, reportedly to lower his tax bill. Most likely, no single tax move by these households — among the top 3 percent of U.S. earners — allowed them to sidestep taxes. Instead, tax experts say, these filers just had the...

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