By following these steps, you can leverage student loans responsibly to finance your education without getting overwhelmed by debt. Remember, student loans are an investment in your future, so borrow strategically and prioritize repayment to ensure a smooth financial journey after college. Let's look...
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...
Student loans can be agreat investment in your future, or can be a huge burden if not fully thought out or abused. If you currently have astudent loanor are thinking about getting student loans, you need to know if you're eligible for student loan forgiveness. We estimate that at least...
Claim and optimize your Google My Business listing, ensure consistent NAP (name, address, phone) information across the web and encourage customer reviews. 13. Market and promote your business Once you’ve launched your business and published your website, you can start building a small business...
How to claim the child tax credit You can claim the child tax credit by entering your children or dependents on your federal income tax return (Form 1040). You’ll attach a completed Schedule 8812 (Credits for Qualifying Children and Other Dependents). That IRS form will also help you deter...
Life insurance benefits are typically paid when the insured party dies. Beneficiaries file a death claim with the insurance company along with a certified copy of the death certificate. Many states allow insurers 30 days to review the claim, after which they can pay it out, deny it, or ask...
Also, your home serves as collateral, so if you can't afford to make the payments, your home could be at risk. You also forfeit any tax deductions you might have been able to claim by having student loans, but you could claim tax deductions on a HELOC. Because laws vary by state, ...
The timeline for approval varies by lender — some claim to provide instant loan decisions, while others may take several business days or longer to review your application. 9. Repay the loan as agreed If your loan application is approved, review the loan documents carefully to ensure the rate...
The TCJA allows taxpayers to claim a nonrefundable $500 tax credit for dependents who don’t qualify for the child tax credit, such as college-aged children and dependent parents. This Credit for Other Dependents is subject to the same income limits as the child tax credit.2But caregivers ca...
How Debt Affects Your Mental Health and Ways to Cope: Paying off debt can be a long-term endeavor if you have steep high-interest balances. But it’s important to keep things in perspective and take care of your health. What Is Auto Loan Refinancing?: Understand how refinancing your auto...