however, a quick phone call, email, or visit might be in order. Additionally, if you are a student who, for example, has some learning differences, what counts as a full-time
To calculate your taxable income for anindividual tax return, you first need to determine your filing status. If you are unmarried, you can file your taxes either as asingle fileror, if you have a qualifying person for whom you pay more than half of the support and housing costs, ashead...
Net investment income may be either positive or negative depending on whether the asset was sold for a capital gain or loss. What Counts as NII? The following table shows what counts and what doesn't count as net investment income.3
Hello, I'm Jeremy from TurboTax with some information about the lifetime learning tax credit for students. It's hard enough trying to make ends meet when you're a student. Luckily, you may qualify to claim a Lifetime Learning Tax Credit to save money on your taxes. The cr...
sometimes shipping to a country’s territories is also considered part of domestic shipping. For instance, shipping from mainland France to French Guiana or from the U.S. to Puerto Rico counts as domestic shipping because these territories are part of their respective countries....
You must be at least 18 years old to claim the Saver’s Credit, and you can’t be a full-time student. The Saver’s Credit is beneficially unique in one way, even though it’s not refundable. You can also take a tax deduction for your retirement contributions, so it...
The Affordable Care Act makes it a shared responsibility of individuals, employers and government to ensure that as many people as possible have health insurance. The law does not require all U.S. employers to offer health insurance to their workers. Rat
PSLF borrowers were able to be part of an unchallenged Final Rule in 2022 which revised what counts as a monthly payment (in particular allowing periods of certain deferments and forbearances to count as repayment months) and added the buyback provision. This is why PSLF IDR adjustments are st...
employee with a company cell phone or computer for completing work-related tasks, that is considered a non-taxable benefit. However, let’s say an employee uses their personal cell phone to complete a work-related task, and the company reimburses those costs. This counts as a taxable benefit...
Below grade in real estate is a term that describes a space that is below ground level. Learn about why this term matters when in the real estate market.