arts
How old is my son when he comes back from college?
My 19-year-old-son, Ari, just arrived back home for the summer after a good freshman year at Tulane University. When he last lived with us, it was with al...
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environment
At what income level can you no longer deduct mortgage interest?
Yes, your deduction is generally limited if all mortgages used to buy, construct, or improve your first home (and second home if applicable) total more th...
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technology insights
What is an ESOP allocation?
ESOPs are a highly-tax-favored way for employees to share ownership in their company through a trust fund. ESOPs allocate shares to each eligible employee...
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technology insights
How do I get my tax papers from Lyft?
If you’re eligible for a 1099-K or 1099-MISC form, they can be downloaded from the Tax Information tab of your Driver Dashboard. You’ll likely still have ...
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culture
What makes you a Washington resident?
The Department of Revenue presumes that a person is a resident of this state if he or she does any of the following: Maintains a residence in Washington f...
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culture
Where does a disability distribution go on a Form 1099?
A distribution that has been made to an individual as a result of their disability, should be reported to the taxpayer on a Form 1099-R – Distributions Fr...
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arts
Do you need to report scholarships on Form 1098-T box 5?
There’s no specific field to enter scholarships, fellowships, or grants received on a Form 1098-T box 5. But nontaxable scholarships may reduce the amount...
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science
How do I remove information from TaxSlayer?
To remove or delete a state return, from the Main Menu of the Tax Return (Form 1040) select: State Return. Delete State(s) Return or 47. Delete State(s) R...
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education
Can a nonresident alien file a Form 1040?
Were a nonresident alien engaged in a trade or business in the United States. Represented a deceased person who would have had to file Form 1040-NR. Repre...
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health
What is the difference between tag along and drag along rights?
The drag along clause requires the minor to sell their shares, while the tag along clause requires the majority shareholder to allow the minor to join in ...
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