You need a spreadsheet to track your Roth IRA contributions and withdrawals.
HSA Money: Cover Expenses Now or Let It Grow?
Although you can save receipts forever and treat your HSA like a stealth IRA, I choose not to.
How To Report Backdoor Roth In TaxACT
Step-by-step walkthrough with screenshots for how to report backdoor Roth in TaxACT.
Executing Mega Backdoor Roth In Solo 401k
Executing a mega backdoor Roth in a solo 401k require these steps: elect contribution, make contribution, make distribution, issue 1099-R.
HSA and FSA In The Same Year
You can have HSA and FSA in the same year.
HSA While On Medicare
You can still have an HSA while you are on Medicare.
The Right And Wrong Types of Questions For Customer Service
Do you know what types of questions you should ask customer service and what types of questions you shouldn’t?
How To Cut Down Tax Refund Identity Theft Fraud
Cut down tax refund identity fraud by aligning information and motivation and unleashing the power of competition.
Tax Software Bake-Off: Self-Employed Health Insurance and ACA Premium Tax Credit
See how TurboTax, H&R Block, and TaxACT software handle the complex calculations for self-employed health insurance deduction and the premium tax credit under the Affordable Care Act.
Adjust Cost Basis for ESPP Sale In TaxACT
New IRS regulation makes it crucial to adjust the cost basis from 1099-B when you sell ESPP shares. Otherwise you will be double-taxed. Here’s how to do it in TaxACT.
Restricted Stock Units (RSU) and TurboTax: Net Issuance
A step-by-step guide on how to enter sale of shares from vested RSUs in TurboTax.
Mega Backdoor Roth In Solo 401k: Control Your Own Destiny
You can add after-tax contributions and in-service distribution to your solo 401k if you get your own plan document. It costs less than you think.