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Can I claim the Earned Income Credit? If you were married filing jointly and earned less than $66,819 ($59,899 for those filing as Single, Qualifying Surviving Spouse or Head of Household) in 2024, you may qualify for this tax credit, or even for a refund check. It's complicated, bu...
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Really. I’d love to have your money growing in my accounts. I’ll give you back what you gave me. 5) You Need the Money In Your Paycheck I get using your tax refund as a type of savings vehicle. I do. My wife and I do a little snoopy dance when we get a nice refund (our...
Report on Tax Return: Include the gross amount from Form 1099-K on your tax return. This amount should be reported as part of your business income. If you use Schedule C (Profit or Loss from Business) to report income and expenses from your business, the amount from Fo...
If you’re self-employed, you may be eligible to deduct premiums that you pay for medical, dental, and qualifying long-term care insurance coverage for yourself, your spouse, and your dependents. You can't claim the health insurance premium write-off for months when either you...