Guide to Social Security Benefits

Do You Have to Pay Taxes on Social Security Benefits?

Question of the Week: Should I file a Tax Return If I Receive Social Security Benefits?

Many people who receive Social Security benefits always wonder if their benefit is taxable and if they should file a tax return. To help answer this question, let’s first determine what Social Security benefits are.

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How to claim a child as a dependent on taxes.

Claiming a Dependent on Your Tax Return: TOP Rules YOU MUST KNOW

Did you know that there are certain rules for claiming a child dependent on your taxes?

Before you get started with your taxes this year, you’ll have to figure out if you can claim the dependent living with you.

A dependent can be broken down into 5 main areas which we will discuss on this article. Be sure to go through each scenario to see if your situation qualifies.

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Claiming tips on tax return.

When and How to Claim Tips on Your Tax Return

Do you know how to claim your cash tips on your tax return?

You may not know it, but all tips received are income and subject to federal income tax?

This includes tips:

  • Received directly
  • Charged tips paid by employer
  • Shared tips received under a tip splitting or tip pooling arrangement
  • The value of non-cash tips, such as tickets, passes, or other items

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How to claim a dependent on your taxes.

Can you claim a family member as a dependent? (Guide to Claiming Your Dependent Relative)

Are you stuck trying to figure out how to claim your dependent relative on your taxes?

Many people, like yourself, are curious as to who qualifies as a dependent on a tax return. I get questions like:

  • Can I claim my college students?
  • Is a spouse a dependent?
  • Can I claim my girlfriend on my taxes?

These are just a few of the must common questions asked. On today’s article I will explain who qualifies as a dependent on your taxes this year.

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when to file a tax return

At What Income Are You Required to File a Tax Return?

Do you need to file a tax return?

As the new tax season approaches, it is good to know what your filing status will be and if you even need to file taxes.

How do you determine if you need to file a tax return?

I’ll answer that question for your in today’s article. I’ll also breakdown moments when you’re not required to file a tax return.

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