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Tax Tips

What is Modified Adjusted Gross Income (MAGI)?

October 13, 2021 (Last Modified: November 5, 2021) / Elle Martinez

Tax season is coming up and for many, it can be just a bit stressful. One reason why families procrastinate with filing their taxes is that they seem intimidating. A big part of that worry is confusion with the terminology....

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Tax Tips

Donate Your Wedding Dress for Tax Deduction

July 16, 2021 / Ginita Wall, CPA, CFP®

Weddings are expensive, so it is too bad that they aren’t tax deductible. But wait – though tax write-offs may not be top-of-mind when you are planning your wedding, with careful planning there are some ways you can garner a tax deduction or two.

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Tax Tips

Divorce & Taxes 101: Filing Taxes After a Divorce

May 11, 2021 (Last Modified: May 16, 2021) / Ginita Wall, CPA, CFP®

Divorce may not be as inevitable as taxes, but it certainly brings complications to tax filing. Follow these ten tips, and the process should go smoothly in the future. Once your divorce questions are answered, TurboTax can handle your tax return.

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Tax Tips

Don’t Forget These 7 Stimulus Relief Related Last Minute Tax Tips

May 5, 2021 (Last Modified: May 14, 2021) / TurboTaxLisa

The May 17th tax deadline is quickly approaching. In a normal year, you may already have a lot of last-minute tax tips to remember if you waited to do your taxes. With so much happening in 2020 and the multiple...

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Tax Tips

Ways to File your Taxes with TurboTax For Free

January 25, 2021 (Last Modified: December 1, 2021) / TurboTaxBlogTeam

What could be better than paying $0 to do your taxes? Over the last six years Americans filed approximately 70 million tax returns completely free of charge using TurboTax, more than all other tax prep software companies combined. Last tax...

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Tax Tips

I Temporarily Lived in a Different State During Coronavirus. What Does That Mean for My Taxes?

December 17, 2020 (Last Modified: February 4, 2021) / Elle Martinez

This year has certainly created new challenges for everyone. Not only do many families have to deal with coronavirus, but they also have to cope with financial fallout. Having to Move to a Different State During Coronavirus It could be...

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Tax Tips

5 Ways to Celebrate The Holidays Without Blowing Your Budget

December 4, 2020 (Last Modified: December 16, 2020) / Elle Martinez

Can you believe it? We only have one month left and then we’re wrapping up the year! This holiday season undoubtedly looks different from what we are used to given COVID-19. It’s possible your holiday plans may have taken a...

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Tax Tips

The Tax Implications of Having a Nanny or Housekeeper

May 1, 2020 (Last Modified: June 4, 2020) / Elle Martinez

For many couples, juggling time with the family along with work obligations means something has got to give. A solution that some families have found to be a wonderful arrangement is hiring a nanny or housekeeper. Having a capable professional...

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Tax Tips

Are State Tax Refunds Taxable?

March 12, 2020 (Last Modified: November 17, 2020) / TurboTaxBlogTeam

For those who itemize their deductions, it’s one of the stranger parts of the tax code. First, you get to take a deduction of your state and local taxes, then all of a sudden the next year you get a...

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Tax Tips

Can You Claim Your Dog On Your Taxes? (Pet Deductions 101)

February 4, 2020 (Last Modified: November 17, 2020) / TurboTaxBlogTeam

Some people consider pets to be a lot like children. They’re cute, loving, playful, attention-craving, and they can’t wait for you to get home. They also poop, pee, whine, ignore your commands and break stuff. (Hey, it’s not all lovey-dovey!)...

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Tax Tips

What is Modified Adjusted Gross Income (MAGI)?

Donate Your Wedding Dress for Tax Deduction

Divorce & Taxes 101: Filing Taxes After a Divorce

Don’t Forget These 7 Stimulus Relief Related Last Minute Tax Tips

Ways to File your Taxes with TurboTax For Free

I Temporarily Lived in a Different State During Coronavirus. What Does That Mean for My Taxes?

5 Ways to Celebrate The Holidays Without Blowing Your Budget

The Tax Implications of Having a Nanny or Housekeeper

Are State Tax Refunds Taxable?

Can You Claim Your Dog On Your Taxes? (Pet Deductions 101)

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