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 ...
2018 2019 2020 HSA Contribution Limits
Even though we just got into 2019, it's time to think about HSA for 2020. The contribution limits for various tax advantaged accounts for the following year are usually announced in October, except ...
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 ...
Tax Software: Buy Download Or CD, Not Online Service
The latest statistics from the IRS show that of all the e-filed individual tax returns for a recent tax year, 59% were done by tax professionals and 41% were self-prepared. That 59% number is still ...