Investment and Financial Markets

Learn who needs to file Form 8960, how it applies to different types of investment income, and how it interacts with other tax forms to determine net investment tax.

Understand how different equipment lease structures impact tax deductions for small businesses and the key factors that determine eligibility.

Understand Oklahoma’s 1099 filing requirements, including income types, state tax rules, deadlines, and best practices for compliance.

Learn how to accurately claim the American Opportunity Credit using Form 8863, Line 8, including key eligibility factors, qualified expenses, and reporting guidelines.

Learn how the Alternative Minimum Tax on Schedule 2, Line 1 affects certain taxpayers, how it’s calculated, and its impact on your overall tax liability.

Learn how to properly use the 501c3 form for donations, meet compliance requirements, and maintain accurate records to support your nonprofit’s tax-exempt status.

Understand the key rules for 401(b) withdrawals, including age requirements, tax implications, penalties, and exceptions to help you plan effectively.

Learn how to report a 1031 exchange involving two properties for one, including key deadlines, tax implications, and necessary filing requirements.

Learn how residency status affects your U.S. tax refund, the steps to claim it from abroad, and how to handle state tax obligations when leaving the country.

Learn how to check the refund status of a 1041 estate tax return, explore tracking options, and understand common reasons for processing delays.

Learn how your 401(k) participation and income level impact the deductibility of traditional IRA contributions, plus key rules to avoid penalties.

Discover which auto repair shop expenses mechanics can deduct on their taxes, from tools to utilities, and learn how proper recordkeeping can maximize savings.

Understand the tax implications of contributing to a 529 plan, including potential deductions, qualified expenses, and how it interacts with other education benefits.

Learn how to estimate your tax refund by reviewing income, deductions, and credits, while considering factors that may affect your final amount.

Understand the key factors that determine whether your mom can claim you as a dependent, including financial support, residency, and tax filing rules.

Learn how to estimate your California state taxes by considering filing status, deductions, credits, and withholding to better plan for your tax obligations.

Learn how to file late taxes online, understand eligibility, potential penalties, required documents, and the steps to ensure a smooth submission process.

Understand when hazard insurance is tax-deductible, how to document costs, and where to report them based on property type and expense classification.

Understand how Medicare enrollment affects HSA contributions, potential penalties, and alternative options for maintaining tax-advantaged savings.