What Is Net Earnings From Self-Employment and How Is It Calculated?
Learn how net earnings from self-employment are calculated, which deductions apply, and how they differ from W-2 income for tax reporting purposes.
Investment and Financial Markets
How to Delete Your TaxAct Account Safely and Permanently
Learn how to securely delete your TaxAct account while ensuring your data is archived, subscriptions are canceled, and payment details are removed.
Deferred Rent Accounting: How It Works and Key Journal Entries
Learn how deferred rent accounting impacts financial statements, the key journal entries involved, and how to ensure accurate expense recognition.
What Is the Deadline for SIMPLE IRA Contributions?
Understand the key deadlines for SIMPLE IRA contributions, including employee, employer, and catch-up contributions, to ensure timely and compliant funding.
What Is EIP3 and How to Claim Missing Payments?
Learn how EIP3 impacts payments, eligibility, and tax adjustments, plus steps to identify and claim any missing amounts under current guidelines.
Where Does Mortgage Interest Go on a Tax Return?
Learn how mortgage interest is reported on your tax return, including deductions, second homes, investment properties, and the impact of refinancing.
How to Find Out if Someone Claimed Your Child on Taxes
Learn how to check if someone else claimed your child on their taxes, verify dependent status, and take steps to correct any filing issues.
How to Request an xxxFee Refund and What to Expect
Learn how to request an xxxFee refund, understand eligibility requirements, and navigate the process efficiently for a smoother resolution.
Why You Don’t Have a Consolidated 1099 This Year on Robinhood
Learn why you may not have received a consolidated 1099 from Robinhood this year and how to verify your tax documents for accurate filing.
Does Wisconsin Tax Pensions From Other States?
Understand how Wisconsin taxes pension income from other states, including residency rules, reciprocity agreements, and potential tax credits.
One-Time Capital Gains Exemption: Rules, Assets, and Filing Steps
Understand the key rules, asset eligibility, and filing steps for a one-time capital gains exemption to ensure compliance and optimize tax benefits.
What Is Colorado Form DR 0104 and Why Does It Require License Info?
Learn how Colorado Form DR 0104 impacts tax filings, why it requests license details, and how to avoid common errors that could delay processing.
Who Is Exempt From 1099-S Reporting to the IRS?
Learn which real estate transactions are exempt from 1099-S reporting and how specific entities and transfer types qualify for this exemption.
Where to Mail 1065 Partnership Tax Returns and Amended Forms
Find the correct mailing address for Form 1065 partnership tax returns, understand state-specific variations, and avoid common filing errors.
How to Pay Estimated Quarterly Taxes for the First Time
Learn how to calculate, schedule, and submit estimated quarterly tax payments while avoiding common pitfalls and ensuring compliance with IRS requirements.
Can You Use a Roth IRA for Education Expenses Without Penalties?
Learn how Roth IRA withdrawals for education work, including tax implications, penalty exceptions, and their potential impact on financial aid eligibility.
How to Reverse an IRA Contribution and Report It on Your Taxes
Learn how to reverse an IRA contribution, meet eligibility requirements, follow proper procedures, and accurately report the change on your tax return.
Rhode Island State Taxes: What You Need to Know
Understand Rhode Island state taxes, including filing requirements, available deductions, payment methods, and potential penalties for noncompliance.
How to Use Your Coinbase 8949 Form for Crypto Tax Reporting
Learn how to accurately report crypto transactions using your Coinbase 8949 form, ensuring proper tax filing and compliance with IRS requirements.
How to Dissolve a Corporation: Steps to Close Your Business Properly
Learn the essential steps to formally dissolve your corporation, meet legal requirements, and ensure a smooth closure while protecting your obligations.