Tulsa athletic director Justin Moore confirmed Saturday Hurricane men’s basketball coach Eric Konkol will return for his ...
When a married couple files a joint tax return, both spouses typically share responsibility for any tax liabilities. However, ...
Choosing the wrong filing status or claiming ineligible credits can lead to complications with the IRS. Incorrect bank account information can cause delays in receiving refunds, and forgetting to ...
From savings, health, education, certain retirement accounts and a standard checking account — in addition to other investments — IRS Form 8888 (Allocation of Refund) can be leveraged to this ...
Here’s how to claim the child tax credit. Parents and guardians who make less than $200,000 a year ($400,000 if filing ...
It might be worth adjusting tax withholdings on W-4 forms in the future, or if a taxpayer is self-employed and files via Form 1099, set aside more money throughout the year to better prepare for ...
But those looking to better understand the finer points of how the estimation process works can use IRS form 1040ES, along with the accompanying instructions and the estimated tax worksheet.
Simple Form 1040 returns only (no schedules except for earned income tax credit, child tax credit and student loan interest). TurboTax reports that 37% of files qualify for the free edition.
A reporting tool that will prepare Form 8881 “Credit for Small Employer Pension Plan Startup Costs” for tax professionals has ...
$0 for Free Edition (~37% of filers qualify. Form 1040 and no schedules except for Earned Income Tax Credit, Child Tax Credit and Student Loan Interest), $39 to $69 for Deluxe, $89 to $129 for ...
which would mean they would become taxable for inheritance tax purposes. Financial advisers are now concerned with a rise in the number of over-55s using a form of borrowing which allows them to ...
The IRS requires you to report the canceled debt as income if $600 or more was canceled. Once your debt is settled, your creditor should send you a Form 1099-C, Cancellation of Debt, and report it ...