technology insights
How much time does a tuition cover?
Tuition usually applies to one academic year of college classes (from September to May, for example), unless otherwise specified. There are schools with q...
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Technology Insights
technology insights
How do I get a copy of my quarterly 941?
If you need a copy of a past Form 941 that you have filed, you can request a copy through the Internal Revenue System. Each copy costs $57. How do I colle...
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technology insights
Where do I enter info from Form 1098 on my tax return?
Mortgage interest is entered in the Itemized Deductions section of TaxAct® and will appear on federal Schedule A. To enter the information from Form 1098 ...
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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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technology insights
Are closing costs tax deductible on rental property?
Only loan interest and real estate taxes are deductible closing costs for a rental property. Other settlement fees and closing costs for buying the proper...
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technology insights
How do I print a hard copy from my phone?
Android Open the file you’d like to print. Tap the menu button. It looks like three stacked dots. Tap “Print”. Tap the drop-down arrow. It’s located near ...
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technology insights
What is considered high income for tax purposes?
most returns with positive income of $250,000 or more can reasonably be classified as “high income.” For 1983, 260,000 tax returns (or 0.25 percent of all...
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technology insights
What is Box 12 on a W-2 form?
The W-2 box 12 codes are: A — Uncollected Social Security or RRTA tax on tips. Include this tax on Form 1040 Schedule 2, line 8, check box c and identify ...
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technology insights
What are landlords allowed to say about you?
Rest assured there are no privacy laws limiting what a landlord can or can’t disclose about a previous tenant. You can say anything you wish. However, our...
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