If Married Filing Jointly, Who Claims Dependents?
Learn how married couples can navigate tax benefits and responsibilities when claiming dependents, including credits and custody considerations.
Investment and Financial Markets
How to Refinance an Investment Property to Maximize Rental Income
Discover strategies to refinance your investment property effectively, enhancing rental income and optimizing financial outcomes.
Penalty for Cashing Out 401(k) After Termination: What to Know
Understand the financial implications and rules of cashing out your 401(k) after leaving a job, including penalties and tax considerations.
Can 1099 Workers Take the Standard Deduction on Their Taxes?
Explore how 1099 workers can navigate tax deductions, focusing on the standard deduction and its impact on self-employment tax reporting.
What Determines Your State of Residence for Tax Purposes?
Understand the key factors that define your state of residence for tax purposes and learn how it impacts your personal income taxes.
State ID Number Lookup: How to Find It on Your Documents
Discover how to easily locate your state ID number on documents and explore online tools and agency support for accurate record keeping.
What Is Recharacterization and How Does It Affect Your Taxes?
Understand how recharacterization can influence your tax strategy, eligibility, and compliance requirements effectively.
Can You Pay Taxes With a Credit Card? Fees and Payment Details
Explore the process, costs, and considerations of paying taxes with a credit card, including fees, limits, and verification steps.
Has Anyone Received Their Refund After Being Under Review?
Explore the process and timeline of tax refunds under review, including reasons, documentation, and steps to take if your refund is delayed.
How Is RSU Cost Basis Determined and Adjusted for Taxes?
Understand how to determine and adjust the cost basis of RSUs for tax purposes, including the impact of withheld shares and additional compensation.
How to Fix E-File Reject Code F8962-070 on Your Tax Return
Resolve E-File Reject Code F8962-070 by ensuring accurate Form 8962 details and marketplace statements for a smooth tax return process.
What Is Blended Tax Rate and How Is It Calculated?
Understand the blended tax rate, its calculation, and how it differs from marginal rates, impacting various income streams and filing scenarios.
What Is the CO PFML Tax Category in Accounting?
Understand the CO PFML tax category in accounting, including its placement, contributions, withholding, and annual adjustments.
What Is a State ID Number and How Do You Get One?
Learn about obtaining a State ID Number, including necessary documents, application timelines, and tips for avoiding common mistakes.
How Much Can You Claim in Charitable Donations Without Receipts?
Learn how to navigate IRS rules for claiming charitable donations without receipts and ensure compliance with record-keeping best practices.
Should You Claim the Additional Child Tax Credit?
Explore the benefits and requirements of the Additional Child Tax Credit to optimize your tax return and maximize potential refunds.
Are DACA Recipients Considered Resident Aliens for Tax Purposes?
Explore the tax status of DACA recipients and understand how residency criteria affect their filing obligations.
How to Check Your South Carolina State Tax Refund Status
Learn how to efficiently track your South Carolina tax refund status and understand potential delays and adjustments.
Is Short-Term Disability Taxable? What You Need to Know
Understand the tax implications of short-term disability benefits based on funding sources and learn how to report them accurately.
What Is a Family Opportunity Mortgage and How Does It Work?
Explore how a Family Opportunity Mortgage can help you finance a home for loved ones while meeting specific lending criteria.