If you are stating that you have W-2 and 1099 income for your personal tax return, then you will need to file all of your income together on your one retu...

To find your MAGI, take your AGI and add back: Any deductions you took for IRA contributions and taxable Social Security payments18 Excluded foreign inco...

The average fund currently charges a management fee of 1.5% and 17% performance fee, compared with 1.6% and 20% 10 years ago. Are management fees paid ann...

If an IRA conversion contribution or a rollover from a qualified plan is made to a Roth IRA that later is revoked or closed, and a distribution is made to...

You report the taxable amount on the “other income” line of your tax return and write “HSA” beside it. You will also have to pay an additional tax of 20 p...

If you have no living relatives, your estate becomes state property. So, if you have a relative who passed away without a Last Will, you could be entitled...

You can anticipate that adjusting status to permanent resident will take about 8 to 14 months for most refugee-based green card applications. For a look a...

We issue most refunds in less than 21 calendar days. It is taking the IRS more than 21 days to issue refunds for some 2020 tax returns that require review...

You can deduct the amount you paid that was more than what your employer reimbursed. However, if they included the reimbursement in your taxable income in...

the effective rate is the simple interest equivalent of a rate that is compounded over a given number of periods. to find the effective rate write down th...