think back to the mortgage interest deduction example. This tax deductible only impacts those who have the financial security of owning a home; therefore, someone struggling
Once you have e-filed your tax return, there are a few ways to check the status of your refund: You can use the online IRS Where's My Refund? tool (fastest option). Call the IRS at 800-829-1954. The online tool will get you personalized refund information based on t...
If you have Medicare, you probably have minimum essential coverage (MEC) as defined by the Affordable Care Act (also known as Obamacare or ACA). Learn more about which Medicare coverage does and doesn't count.
“annuities can be more expensive for women because annuity companies set their rates based on life expectancies,” burns says. “since women typically live longer, they would receive a guaranteed income for a longer time period so the annuity companies have to charge highe...
A fixed annuity will provide a set payment amount, and a variable annuity will have payments that fluctuate based on the performance of the investment. For a $1 million annuity, you would pay $1 million as a starting principal. This could be done as a lump sum or through a series of ...
Different technical implementations of C-ITS services also have different architectures and participants of the business ecosystem, as well as different business models and cost structures. Third, deployment of C-ITS on a large scale is still expected. Better understanding of the business ecosystem ...
spending are from theLong Term Budget Outlook, again calculated by the Congressional Budget Office. These figures take into account the projected increase of Medicare, Medicaid and Social Security spending. Keep in mind that this is primary spending, which means that interests on the debt is ...
Have you ever wondered if your transactions on Crypto.com are being reported to the IRS? As someone who's enthusiastic about cryptocurrency and wants to make sure I'm on the right side of the law, I did some digging to find out the answer. In this blog p
The IRS makes tax refund payments in three ways and allows you to choose the payment method on your tax return. You can request your refund to be direct deposited into a maximum of three checking or savings accounts or have a paper check mailed to your home. And althoug...
If you have a simple Form 1040 return only (no forms or schedules except as needed to claim the Earned Income Tax Credit, Child Tax Credit or student loan interest), you can file for free yourself with TurboTax Free Edition, or you can file with TurboTax Live Assisted Basic at the listed...