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Your Taxes Are Due!
Unless you've filed for an extension, today is the last day to get your taxes turned in to the IRS. It also happens to be Tax Freedom Day, when... read more »
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Lottery Logic: There Is None When It Comes to Paying Taxes
After the taxman takes his share of a big lottery jackpot, it's not nearly so big as it was advertised. And even a lot of people who favor... read more »
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How to Sneak Into a Roth IRA: A Loophole for Higher Earners
If you're trying to save for retirement, a Roth IRA could be one of your most powerful tools. But until recently, high earners couldn't take... read more »
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Tax News
TurboTax Articles
When you use the funds from a Health Savings Account (HSA), or a medical savings account (MSA) such as an Archer MSA or Medicare MSA, the institution that administers the account must report all distributions on Form 1099-SA.
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Citizens or residents of the United States can file a tax return on Form 1040, 1040A or 1040EZ. It has some limitations that may change the amount of tax you?ll have to pay, or the potential size of your tax refund.
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The Schedule D form is what most people use to report capital gains and losses that result from the sale or trade of certain property during the year.
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If you engage in a short sale or your mortgage lender forecloses on your home, there are some important tax implications that you'll want to consider.
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If you receive tax form 1099-MISC for services you provide to a client as an independent contractor and the annual payments you receive total $600 or more, you'll need to file your taxes a little differently than a taxpayer who only receives regular employment income reported on a W-2.
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