Deductions and Credits

Child Tax Credit 101 [Video]

March 20, 2018 / Elle Martinez

The article below is accurate for your 2017 taxes, the one that you file this year by the April 2018 deadline. Tax information below will change next year for your 2018 taxes, but won’t impact you this year. Learn more...

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Deductions and Credits

How Will a Big Move Across the Country Affect My Taxes?

December 19, 2017 January 26, 2018 / Elle Martinez

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The article below is up to date based on the latest tax laws. It is accurate for your 2017 taxes, which you will file by the April 2018 deadline. Learn more about tax reform here. I was still in college when...

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Deductions and Credits

It’s Summer…Can I Deduct My Child’s Camp Costs?

June 4, 2017 June 5, 2017 / TurboTaxBlogTeam

During the school year, your children may be in after school day care at the local center or, depending on their age, spend a couple of hours at home alone in the afternoon. You likely keep the monthly child care...

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Deductions and Credits

How Do I Deduct Points Paid on My Mortgage?

December 30, 2016 / Elle Martinez

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For most families looking to buy a home, a mortgage is needed to finance the balance after they’ve made their down payment. Besides the financial benefits of owning property with some equity, there are many tax advantages to home ownership, including deducting...

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Deductions and Credits

6 Ways to Save When Throwing a Quinceañera

July 11, 2016 / TurboTaxBlogTeam

Quinceañeras are a very special rite of passage for many young Hispanic women, and for their families it’s likely one of the biggest events they’ve ever planned. As overwhelming as throwing a party can be, keep in mind that with...

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Deductions and Credits

Weight Gain this Eating Season? Lose it and Save [Infographic]

November 10, 2015 September 7, 2017 / TurboTaxAngie

The holidays are here and with it comes a season of eating … and gaining … that is unmatched any other time of the year. Worry not, come January 1 when you are ready to start anew, there are ways...

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Affordable Care Act (ACA), Deductions and Credits, Health Care, Tax Tips

Marketplace Health Insurance Decoded [Infographic]

November 3, 2015 August 30, 2017 / TurboTaxAngie

Choosing a health insurance plan that is right for you and your family is a very important decision. The plan you choose will affect your monthly premiums along with out-of-pocket costs you may encounter. When evaluating your options, it’s important...

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Deductions and Credits, Education, Family, Home, Tax Deductions and Credits, Tax Planning, Tax Tips, Taxes 101

What Does Your Hairstyle Say About Your Life? [Infographic]

June 29, 2015 August 19, 2016 / TurboTaxAngie

Whether you’re channeling your inner rocker, bride, or Wall Street professional, the way your hair looks can say a lot about your stage of life. Regardless of your style du jour, your finances — just like your hairstyle — need...

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Deductions and Credits

Tax Deductions for Newlyweds

August 7, 2013 / Elle Martinez

Congratulations on getting married! As you two embark on this journey together, I wanted to share some tax deductions that can help you come tax time. One thing that you may not be familiar with is exactly how tax deductions help...

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Deductions and Credits

Tax Credits Available at Tax Time

December 27, 2011 December 30, 2011 /

You are probably familiar with terms like tax deductions and tax credits, but did you know there is a big difference between the two? Both deductions and credits reduce how much tax you pay, but how both impact your taxes...

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