Paying Credit Card With Cash: What Does the IRS Need to Know?
Learn about IRS requirements and best practices for paying credit card bills with cash, including disclosure rules and documentation tips.
Investment and Financial Markets
Where to Find 1095-C Forms and What to Do If It’s Missing
Learn how to locate your 1095-C form, explore digital access options, and find solutions if it’s missing. Discover helpful resources for assistance.
Digital Art Commissions Taxes: What You Need to Know
Navigate the complexities of taxes for digital art commissions with insights on income types, tax obligations, and record-keeping essentials.
Is Date of Birth on a Tax Return? Where to Find It
Discover where personal details like date of birth appear on tax returns and understand the documentation requirements for all filers.
Do Domestic Partners Have to File Taxes Together in California?
Explore the tax filing options for domestic partners in California, including state requirements and community property considerations.
Do You Have to File a Homestead Exemption Every Year?
Understand the nuances of filing a homestead exemption, including local variations and the impact on tax assessments.
How to Report Income as a Part-Year Resident in New York
Navigate New York’s tax system as a part-year resident with insights on income allocation, tax forms, and residency verification.
How to Report Excess Roth IRA Contributions on Your Tax Return
Learn how to manage and report excess Roth IRA contributions effectively to ensure compliance and avoid unnecessary penalties.
California Foreign Tax Credit: What It Is and How to Claim It
Learn how to navigate California’s Foreign Tax Credit, understand eligibility, and ensure accurate reporting on your state tax returns.
How Is Federal Withholding Calculated for Your Paycheck?
Understand the factors influencing federal withholding on your paycheck, including filing status, income components, and employer responsibilities.
Why Is My Tax Transcript Not Available? Common Reasons and Fixes
Discover common reasons for unavailable tax transcripts and learn practical steps to resolve issues efficiently.
Georgia Form 500 Schedule 1 Adjustments to Income Explained
Learn how to navigate Georgia Form 500 Schedule 1 adjustments, including eligible deductions and essential filing tips for accurate tax reporting.
Does Illinois Tax Inherited IRA Distributions?
Explore how Illinois taxes inherited IRA distributions, considering state vs federal rules, residency factors, and reporting requirements.
Is Business Credit Card Cash Back Taxable? How to Report It
Understand the tax implications of business credit card cash back and learn how to accurately report it on your business returns.
What Is IRS Tax Topic 151 and How Can You Exercise Your Appeal Rights?
Understand IRS Tax Topic 151, your appeal rights, and the steps to effectively navigate the appeals process for a fair resolution.
Where to Find the 11-Digit Document ID (Top Right of Cover Page)
Discover how to locate and understand the 11-digit document ID on cover pages for efficient official processing.
Can I File Head of Household if Married but Not Living Together?
Explore the criteria for filing as Head of Household when married but living separately, including residency and support requirements.
If Someone Writes Me a Check, Do I Have to Pay Taxes on It?
Understand the tax implications of receiving a check, distinguishing between gifts and income, and learn about federal and state reporting requirements.
Are Capital Gains Considered Passive Income?
Explore the nuances of capital gains and their classification, distinguishing between passive and nonpassive income for tax purposes.
Can I Claim Head of Household if My Child Is in College?
Explore the criteria for claiming head of household status when your child is in college, including residence and financial support considerations.