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TurboTax News

What You Need to Know About The Pink Tax [Infographic]

March 5, 2020 / TurboTaxBlogTeam
International Women’s Day provides an opportunity to celebrate women’s achievements while calling for greater equality where we may see gender gaps. Inequality can show up in many different forms, but gaining knowledge about how it may affect you and those...

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Taxes 101

How to File Taxes With 2 Jobs (Step-by-Step Guide) | TurboTax Blog

March 4, 2020 (Last Modified: November 17, 2020) / TurboTaxBlogTeam
How to File Taxes With 2 Jobs (Step-by-Step Guide) | TurboTax BlogAccording to the United States Census Bureau, 13 million Americans had more than one job in 2019 and the number is only projected to increase as more Americans need supplemental income, desire to increase their skill set, or there is...

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Self-Employed

5 Tools Every Business Should Start With

February 24, 2020 / TurboTaxBlogTeam
5 Tools Every Business Should Start WithThis article was written by our partner, Square. If you’ve recently started a business, you’ve become accustomed to making decisions every day that affect your business. And with every decision, you’re trying to make it as successful as possible. You...

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Tax Refunds

IRS ID Verify and Your Tax Refund

February 21, 2020 / TurboTaxBlogTeam
IRS ID Verify and Your Tax RefundYou’re at home feeling accomplished about filing your taxes, and there’s now one less thing on that to-do list. Your mind wanders as you check the mail while thinking about the weekend ahead and how you might spend your tax...

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Life Events Series: How Will Buying My First House Help My Taxes?

February 18, 2020 / TurboTaxBlogTeam
Life Events Series: How Will Buying My First House Help My Taxes?

A great milestone of your financial life is the purchase of your first home. While less exciting, the tax implications of that achievement are no less critical. After all, home ownership creates several new opportunities for you to save on your federal income taxes. Got your attention?

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Income and Investments

8 Ways to Fund Your Retirement in 2020

February 14, 2020 (Last Modified: March 24, 2020) / TurboTaxBlogTeam
8 Ways to Fund Your Retirement in 2020Is this the year you’re going to make the most of your retirement savings?  At T. Rowe Price, we recommend you try to save at least 15% of your income (including any 401(k) company match) each year for retirement. That’s...

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Tax Planning

Do You Financially Support Your Family Living Abroad? See if You Qualify for any Deductions on Your Income Tax

February 10, 2020 / TurboTaxBlogTeam
Do You Financially Support Your Family Living Abroad? See if You Qualify for any Deductions on Your Income TaxFamily ties are so strong that our love thrives despite any distance between us. That’s why we’ll always be willing to help them out; it doesn’t matter where they are located. Sometimes we’ll mail them packages stuffed with gifts and...

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Taxes 101

Can I Claim Exemption From Withholding?

February 7, 2020 (Last Modified: November 17, 2020) / TurboTaxBlogTeam
Can I Claim Exemption From Withholding?

The IRS issues tax refunds when you pay more tax during the year than you actually owe. When you file exempt with your employer for federal tax withholding, you do not make any tax payments during the year. Without paying tax, you do not qualify for a tax refund unless you qualify to claim a refundable tax credit.

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Self-Employed

Tax Guide for the Self-Employed: Everything You Need to Know

February 6, 2020 (Last Modified: March 24, 2020) / TurboTaxBlogTeam
Tax Guide for the Self-Employed: Everything You Need to Know

Self-employed? There are special tax considerations for you.

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Announcements

IRS VITA Event Dates Announced to Help Communities with Their Tax Filing for Free

February 6, 2020 (Last Modified: February 7, 2020) / TurboTaxBlogTeam
IRS VITA Event Dates Announced to Help Communities with Their Tax Filing for FreeIntuit TurboTax is a proud sponsor of the Volunteer Income Tax Assistance (VITA) program. This program offers free tax help to people who generally make $56,000 or less, persons with disabilities and limited English-speaking taxpayers who need assistance in preparing...

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