If you withdrew from your retirement account due to COVID in 2020, follow this to get the special tax treatment in TurboTax and H&R Block tax software.
Latest Blog Posts
ACA Health Insurance Enrollment: Request Subsidy Upfront Or Not
Although you will be required to submit more documentation, you should estimate your income as low as possible and get the highest premium subsidy upfront.
Make Backdoor Roth Easy On Your Tax Return
Many investors are confused when they report Backdoor Roth on their tax return. It’s very clean if you learn how to do it the easy way.
Make Fewer Things Matter: My Epiphany From Cutting A Pineapple
Making fewer things matter helps you focus attention and ward off FOMO and sales pitches. You’ve made it when you can afford all the “mistakes.”
Import W-2 and 1099 Forms Into TurboTax and HR Block: From Where?
A list of payroll providers and financial institutions from which you can import W-2 and 1099 Forms into TurboTax or H&R Block tax software.
Vanguard Two-Factor Authentication (2FA): YubiKey + Google Voice
Buy a security key and use it for two-factor authenticatioin with Vanguard. Use a Google Voice number as backup instead of SMS to your real mobile number.
Stop Tax Return Fraud: Sign Up for the IRS IP PIN Program
The IRS opened the Identity Protection PIN program to everyone. Sign up to stop someone from filing a fraudulent tax return in your name.
2021 $300 Charity Deduction For Non-Itemizers $600 Married
Congress passed a new stimulus bill before the Christmas weekend. Although President Trump wanted to raise the second stimulus check from $600 per person to $2,000 per person, he still signed the bill into law. Unlike the previous stimulus law — the CARES Act — this new law doesn’t have a catchy name. The law […]
See Your Social Security Benefits Estimate In an Interactive Chart
Social Security Administration added an interactive chart in the online account but a third-party tool still does a much better job.
529 Plan For High School Seniors and Students Already in College
When you child gets close to going to college, consider investing your 529 plan account in CDs or a stable value fund. Only some 529 plans offer them.