Required minimum distributions (RMDs) Required minimum distributions (RMDs) require retirees to start withdrawing money and paying taxes on withdrawals when they reach a certain age. Learn how to calculate your RMDs.
Understanding property tax rates Property tax rates vary significantly from city to city and state to state. Learn how to calculate your property taxes, pay them, and deduct the payment on your federal tax return.
Do you need to make estimated tax payments in 2024? If you receive income such as interest, dividends, alimony, self-employment income, capital gains, or prizes, you may have to make what the IRS terms “estimated tax payments.”
Is social security taxable? Is your Social Security income taxable? The answer isn't exactly a simple one.
How married filing separately works & when to do it Married filing separately means that you and your spouse report separate tax returns. Learn whether filing separately or jointly is better for your tax situation.
Wash-sale rule: A key consideration in tax-loss harvesting Within tax-loss harvesting, the wash-sale rule prohibits you from writing off an investment loss, which could make your taxes higher than hoped. Learn how to identify and avoid wash sales.
When are taxes due? Deadlines for 2024 filing season U.S. income taxes are due Monday, April 15, 2024. Learn about tax deadlines and filing dates to be prepared for Tax Day.
Tax 101: Understanding the basics Understanding the tax system can help individuals and businesses navigate their financial strategies to minimize the impact of taxes.
Direct File: How it works and who is eligible The IRS has launched Direct File – a new pilot program that will allow eligible filers in 12 states to file their federal taxes for free directly with the IRS.
Tax credits: Everything you need to know A tax credit is a dollar-for-dollar amount taxpayers claim on their tax return to reduce the income tax they owe.
How to file a tax extension: Everything you need to know Not ready to file your taxes before April 15th? The good news is the IRS allows you to file an extension on your federal tax return.
Taxes on inheritance & how to avoid them See how taxes on inheritances work, the different types of taxes that apply, and how to manage that tax liability.