How Should Married Couples Fill Out Their W-4 Forms?
Updating your W-4 form after saying "I do" is a smart money move to make sure your taxes play nicely with your new marital status.
Read MoreYou are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Updating your W-4 form after saying "I do" is a smart money move to make sure your taxes play nicely with your new marital status.
Read MoreWithdrawals from your 401(k) are taxed as ordinary income in most cases, and some states may also levy income taxes on these distributions. ...
Read MoreLiving alone and claiming head of household is possible if you provide more than half the financial support for a qualifying dependent, often a parent. ...
Read MoreBabysitters must report their income to the IRS if they earn $400 or more, and parents who pay their babysitter $2,700 or more in 2024 have additional tax responsibilities. ...
Read MoreA surprise tax bill can be detrimental to your finances, not to mention infuriating! But an adjustment here or there can save your bottom line and your blood pressure. Our personal finance editor Meredith Margrave goes over seven reasons for surprise tax bills and how you can avoid them next year. ...
Read MoreRefundable tax credits allow individuals who haven't paid taxes during the year to still receive refunds. These credits help low-to-middle-income families by reducing their tax liability to zero and potentially providing a refund greater than the taxes paid. ...
Read MoreTo effectively manage Social Security tax refunds, maintain detailed records of earnings and withholdings, verify the accuracy of W-2 forms and consult IRS guidelines if needed. ...
Read MoreAn IRS review doesn't necessarily mean there's a problem with your return. A notice is not a cause for immediate concern. It is just an indication that something needs to be verified. ...
Read MoreThe next time you see Cafe 125 on your W-2, remember that it is more than just a quirky name. It's a key to unlocking tax savings and making informed benefits decisions. ...
Read MoreForm 1099-R is an IRS document used to report distributions from retirement plans, annuities, profit-sharing plans, IRAs and insurance contracts. ...
Read MoreIt may be tax season for you, but for others it's "scam season." Meredith doesn't want you to fall prey to a rip-off that can cost your thousands of dollars. Discover how these scams operate and how to safeguard yourself....
Read More