While trying to solve one mystery in CARES Act Charity Donation Deduction: $300 or $600 for Married? I accidentally introduced another mystery. Is the deduction ongoing until the law changes again or ...
CARES Act Charity Donation Deduction: $300 or $600 for Married?
Since the Trump tax law in 2017 increased the standard deduction and capped the deduction for state and local taxes, the number of people who take the standard deduction increased from 70% of all ...
Relocate Out of California to Escape High Taxes After Retirement?
Whenever we mention to people that we moved from California, they all say it makes sense because we get to avoid the high state income tax in California. I don't blame them. California has a ...
2020 2021 401k 403b 457 TSP IRA FSA HSA Contribution Limits
[Updated in August 2020 after July inflation release.] Retirement plan contribution limits are adjusted for inflation each year. While inflation dipped in April due to the COVID-19 pandemic, it has ...
2020 2021 ACA Health Insurance Premium Tax Credit Percentages
If you buy health insurance from healthcare.gov or a state-run ACA exchange, whether you qualify for a premium tax credit is determined by your income relative to the Federal Poverty Level (FPL). You ...
2019 2020 2021 Federal Poverty Levels (FPL) For ACA Health Insurance
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 ...