The TurboTax Blog

How to Balance Your Budget During College Savings Month

September 18, 2018September 18, 2018 / Elle Martinez

Caucasian college students revising their notes before classes.

Student loan debt is a huge burden for many families and students. In fact, the average debt for the class of 2017 is just over $39,400. As parents, we’d like to spare our kids from having too much debt when they graduate...

Full Story

Education

Spent Too Much Getting Your Dorm Ready? 4 Savings to Help College Students (or Parents)

September 18, 2018September 20, 2018 / Jim Wang

With a new college school year underway, it’s comforting to know that you could get some help from Uncle Sam in dealing with the blizzard of college-related expenses that are hitting. The IRS provides a number of education tax credits...

Full Story

Tax Reform

Can I Get a Tax Break for Supporting My Alma Mater’s Football Team?

September 12, 2018 / Jim Wang

The blue, red, and white football team line up at the line of scrimmage against the black and yellow team. The play is about to begin as the center has hand on the football and is ready to snap to the quarterback. Photo perspective is low and between the two teams.

Last year, if you made a donation to a university that gave you the right to buy tickets to a sporting event, sometimes known as personal seat licenses (PSL), you could deduct 80% of that donation from your taxes. If...

Full Story

Self-Employed

Self-Employed? Don’t Forget About the Estimated Tax Deadline

September 11, 2018September 11, 2018 / TurboTaxLisa

The article below is up to date based on the latest tax laws. It is accurate for your 2018 taxes, which you will file by the April 2019 deadline. Learn more about tax reform here. If you’ve taken the plunge into...

Full Story

Self-Employed

My Clients Pay Me Through a Mobile Payment Service- What Does This Mean for My Taxes?

September 7, 2018 / Elle Martinez

Running a business has changed dramatically in the last few years. For myself, one of the biggest shifts I’ve seen is the rise of mobile payments. When I first started as a freelancer, I remember having to prepare and format...

Full Story

Income and Investments

How to Get Your Financial Resolutions Back on Track

September 4, 2018 / Ginita Wall, CPA, CFP®

US currency in closeup on pink background

Did you ever try to lose weight this year? Maybe some of you succeeded, but for most of us, what seems like a good idea at the beginning falls off our list of priorities. New Year’s resolutions are much the...

Full Story

Income and Investments

Football Season Savings: National Tailgate Day

September 1, 2018September 1, 2018 / TurboTaxBlogTeam

Football season is finally back! I think we can all agree that nothing goes better with football than food and friends. As fun as tailgating can be, without careful planning and shopping it can get very pricey. Luckily, there are...

Full Story

Tax Deductions and Credits

Is a Dog Your Tax Refund’s Best Friend?

August 24, 2018August 24, 2018 / Elle Martinez

National Dog Day is the perfect day to reflect on all of the fantastic benefits, responsibilities, and fun that come with being a dog owner. Taking care of a dog can be an incredibly rewarding experience. The love and affection you receive...

Full Story

Expenses

Which Work-Related Devices Can I Write Off?

August 23, 2018August 23, 2018 / Ginita Wall, CPA, CFP®

You may have heard that the new tax reform law eliminates tax deductions for un-reimbursed employee business expenses beginning in 2018 (the taxes you file in 2019). If you own your own business, however, you can still deduct business expenses...

Full Story

Family

Tax Benefits for Having Dependents

August 21, 2018August 21, 2018 / Ginita Wall, CPA, CFP®

Stocksy_txp07a66d69zKO100_Medium_1265552 (1)

Kids can be overwhelming when they are cooped up in the house when spring or summer breaks come up, but they are also blessed tax-savers when you file your taxes. Even though the dependency exemption of $4,050 is eliminated under...

Full Story

Let’s personalize these articles to match your life!

Tax Reform 101: 5 Reasons You Should Start Planning for Next Year Now

How to Balance Your Budget During College Savings Month

Spent Too Much Getting Your Dorm Ready? 4 Savings to Help College Students (or Parents)

Can I Get a Tax Break for Supporting My Alma Mater’s Football Team?

Self-Employed? Don’t Forget About the Estimated Tax Deadline

My Clients Pay Me Through a Mobile Payment Service- What Does This Mean for My Taxes?

How to Get Your Financial Resolutions Back on Track

Football Season Savings: National Tailgate Day

Is a Dog Your Tax Refund’s Best Friend?

Which Work-Related Devices Can I Write Off?

Tax Benefits for Having Dependents

Let’s personalize these articles to match your life!

Search the Blog

Latest tax and finance news and tips

Search TurboTax Support

FAQ’s and community answers