If you do not have an eFile.com account, create a free account. If you have an eFile.com account, sign in and prepare your state return; you will start by entering general information. You will need to prepare a federal return, but you will NOT have to e-file it during checkout and...
The self-employment tax consists of Social Security and Medicare taxes, but you might have other taxes to pay as well.
Pay When You File If you’re filing your taxes online, you’ll be told how much you owe at the end of the filing process. And in almost every case, the filing software that you use will allow you to set up an automatic withdrawal to cover your tax shortage at the same time. These...
As if parting with our hard-earned cash wasn’t painful enough, none of us want to pay for the “privilege” of simply filing our taxes. The good news is that if you meet certain conditions, you can file your taxes for free online! If you make less than $66,000 per year,you’re...
While the IRS requires you to file Form 4868 to request a tax extension, each state has its own requirements for obtaining a similar extension.
Keep in mind that your state tax refund may be taxable on the next federal return you file. This is because the IRS allows you to deduct your state tax payments rather than the amount of tax you actually owe on your state return. So if you overpay your state taxes and receive ...
Taxes for bloggers should be handled as if you're running a small business. Here's my detailed guide on how to do taxes on blog income (and blog tax tips).
9 Simple and Free Budgeting Tools Having the right tools is essential to tracking expenses and monitoring income but you don’t need expensive software to accomplish that. Maryalene LaPonsieNov. 25, 2024 Save More on Cyber Monday This big shopping day can be a great time to save money on ...
Today, Florida TaxWatch released the 2018 edition of theHow Florida Compares: Taxes report.For several years, TaxWatch has published this easy-to-use guide to help Floridians better understand their state through comparing our state's taxes to those that are levied across the nation. The report...
At the same time, you also sell shares of another stock for a short-term capital loss of $25,000 (Investment B). Your $25,000 loss would offset the full $20,000 gain from Investment A, meaning you'd owe no taxes on the gain, and you could use the remaining $5,000 loss to off...