Introduction: Why You Need to Understand Taxable Income in 2025 Taxes are something most of us would rather avoid thinking about, but let’s face it — they affect everyone. Whether you’re an employee, self-employed, a small business owner, or retired, understanding taxable income in USA 2025 is essential if you want to avoid surprises during tax season. Knowing what counts as taxable income can help you: In this guide, we’ll break everything down in simple, easy-to-understand language. By the end, you’ll know exactly what taxable income means, how it’s calculated, what’s included (and excluded), and how to legally reduce it in 2025. What Is Taxable Income? (Explained Simply) Taxable income…