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    Learn who you can claim as a dependentWho Can I Claim as a Tax Dependent?
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    #RefundGlowUp Winners AnnouncementCelebrate Tax Refund Season with Our #RefundGlowUp Contest Winners!
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    Young stylish woman in red beret having a french breakfast with coffee and croissant sitting oudoors at the cafe terraceSelf Employed: Living and Working Abroad? Here’s What You Need to Report to the IRS
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Tax Deductions and Credits

When Will the 2021 Child Tax Credit Payments Start Under Stimulus Relief?

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Income and Investments

Recent Grad? Here’s Four Reasons to Start Saving Now Rather Than Later

June 16, 2021 / Jim Wang
Recent Grad? Here’s Four Reasons to Start Saving Now Rather Than LaterCongratulations on your graduation! If you recently graduated, whether it’s from college or high school, there are some important decisions ahead of you. Many of these decisions don’t necessarily have right or wrong answers, so it’s OK if you’re not...

Full Story

Tax Deductions and Credits

When Will the 2021 Child Tax Credit Payments Start Under Stimulus Relief?

June 14, 2021 / TurboTaxKat
When Will the 2021 Child Tax Credit Payments Start Under Stimulus Relief?More families will now be eligible for the Child Tax Credit.  The recently passed third stimulus relief package, known as the American Rescue Plan, expanded the Child Tax Credit. Beginning with your tax year 2021 taxes (the ones filed in...

Full Story

401K, IRA, Stocks

Can I Make Spousal IRA Contributions for Retirement?

June 11, 2021 (Last Modified: June 21, 2021) / TurboTaxKat
Can I Make Spousal IRA Contributions for Retirement?An IRA, or individual retirement account, is a way to build retirement savings if you don’t have a 401k plan offered through work, if you want to diversify your retirement savings with an additional account, or if you want an...

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Self-Employed

Self Employed: Living and Working Abroad? Here’s What You Need to Report to the IRS

June 8, 2021 / Jim Wang
Self Employed: Living and Working Abroad? Here’s What You Need to Report to the IRSOne of the more popular trends these days is being a digital nomad. If your work can be done remotely and not at an office, why not travel the world at the same time? You can often live in an...

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TurboTax News

Celebrate Tax Refund Season with Our #RefundGlowUp Contest Winners!

May 27, 2021 / TurboTaxBlogTeam
Celebrate Tax Refund Season with Our #RefundGlowUp Contest Winners!With the tax season now behind us, our favorite time of the year has passed. The good news? It’s now our second favorite time of the year – #RefundGlowUp season!  Did you know that close to 75% of taxpayers received...

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TurboTax News

#TurboTaxLiveLifts Sweepstakes Winners

May 26, 2021 / TurboTaxBlogTeam
#TurboTaxLiveLifts Sweepstakes WinnersThe past year has been full of new changes and challenges. Some of those changes led to new questions at tax time, and TurboTax Live experts were there to provide unlimited answers and advice — or even handle everything from...

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TurboTax News

TurboTax #LittleLifts Sweepstakes Winners

May 26, 2021 / TurboTaxBlogTeam
TurboTax #LittleLifts Sweepstakes WinnersWe know the past year has been hard on many people, emotionally and financially. Some of us found silver linings by connecting with people who gave us support, encouragement and helping hands in challenging times. TurboTax launched the #LittleLifts Sweepstakes...

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Tax Planning

Should I Amend My Tax Return for A Small Amount?

May 25, 2021 / Elle Martinez
Should I Amend My Tax Return for A Small Amount?

What if we missed a form? What’s the procedure for that? In that case we may need to amend our tax returns. For anyone who thinks that may have to do that, here is some information to help it be as painless as possible.

Full Story

Self-Employed

Self-Employed? Quarterly Tax Date Deadlines for Estimated Taxes

May 24, 2021 / TurboTaxLisa
Self-Employed? Quarterly Tax Date Deadlines for Estimated TaxesAlthough the tax year 2020 tax filing deadline was extended to May 17, 2021, the tax year 2021 quarterly estimated tax deadlines remain the same. The first 2021 quarterly estimated tax deadline was April 15, 2021. The next quarterly estimated...

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Self-Employed

Self-Employed Tax Tips & Summer Jobs

May 19, 2021 / Ginita Wall, CPA, CFP®
Self-Employed Tax Tips & Summer JobsAh, summer – the time of year when some people dive into entrepreneurship. Whether it’s a summer job, a part-time gig, a side-hustle or a small business, you may be considered self-employed. If that’s you or someone you know, here...

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  • Self-Employed Tax Tips & Summer Jobs Self-Employed Tax Tips & Summer Jobs May 19, 2021 / Ginita Wall, CPA, CFP®
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