You know what they say about death and taxes. If you work for an employer, the IRS requires the employer to withhold taxes. If you don't have an employer, you will have to pay taxes on your own, and ...
How To File EITC and Child Tax Credit For Free: TurboTax Edition
In the previous post Tax Software: Buy Download Or CD, Not Online Service, we focused on the 40% of tax filers who prepare their own returns. More people actually don't do it themselves. They use the ...
2019 2020 HSA Contribution Limits
[Update on May 30, 2019: The IRS released the official contribution limits for 2020. My earlier calculation matched the official numbers 100%.] Even though we just got into 2019, it's time to think ...
2018 2019 2020 Federal Poverty Levels (FPL) For Affordable Care Act (ACA)
People who don't have health insurance from work can buy health coverage under the Affordable Care Act, also known as Obamacare. The premiums are made affordable by a premium subsidy in the form of a ...
How To Report Backdoor Roth In H&R Block Software
Updated on Feb. 3, 2019 with updated screenshots from the 2018 software. If you use other tax software, see: How To Report Backdoor Roth In TurboTax How To Report Backdoor Roth In TaxACT. ...
Receive EITC, Contribute to Traditional 401k Not Roth 401k
Most financial articles are written for people with higher incomes, because people with more discretionary income naturally want to know what to do with their discretionary money. However, people with ...