The TurboTax Blog

A New Baby and Tax Breaks

December 11, 2008 / TurboTaxLee

When a family has a new baby, their priorities are not taxes. Trying to figure out how to get more sleep – yes; taxes – no. But when it comes to tax time, it’s good for them to know that...

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Tax Tips

Unemployed Doesn't Mean Untaxed

October 17, 2008 (Last Modified: July 24, 2019)

As the economy sinks and unemployment rises, there’s been talk in Washington about temporarily suspending income taxes on unemployment benefits. What, you say? If by misfortune I’m unemployed, I still might have to pay taxes? Yes, you might. At the...

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Deductions and Credits

Giving Alert! Thrift Stores, Charities Need Your (Tax Deductible) Donations

October 9, 2008

With economic times being tough, your local thrift store is probably doing a brisk business selling clothing to shoppers who want to save money. Unfortunately, it could also be running short of merchandise. That’s because some people accustomed to donating...

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Deductions and Credits

Get Educated on College Savings Tax Breaks

August 28, 2008

As colleges welcome students back for the fall, many parents can attest that paying for higher education is a challenge. Fortunately, both federal and state governments offer tax breaks to families who save for college, using what are known as...

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Tax Tips

Understanding Those Part-Year Returns

March 28, 2008 / TurboTaxLee

In the Live Community, we are seeing a lot of questions about part-year and nonresident returns. In this blog, I’m going to talk about part-year returns. Since there are many questions on the Oregon part-year return, I’m using Oregon as...

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Tax Tips

I work in one state and live in another state. What do I file? (Part II)

March 20, 2008 / TurboTaxLee

I work in one state and live in another state. What do I file? In Part I, I touched upon the basic principles of income tax reciprocity between states using a fictitious example. In this installment, I will show how...

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Tax Tips

I Work in One State and Live in Another State. What Do I File? (Part I)

March 20, 2008 / TurboTaxLee

I work in one state and live in another state. What do I file? And what the heck are State Tax Reciprocal Agreements (aka "Reciprocity")? The first time I tried to say reciprocity, which I assumed was a horrible misspelling...

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Tax Tips

Your Vacation Home and Your Tax Return

March 18, 2008 / TurboTaxLee

Have you been thinking about buying a vacation home in the mountains or by the shore? Are you wondering about how such a home affects our tax return? Here’s some vacation home info. The IRS defines your 2nd home as...

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Tax Tips

Phishers Now Want You To Believe The IRS Is A Charity!

November 3, 2007 / TurboTaxBlogTeam

And I guess the way Congress spends the money we give the IRS, it sure seems like it sometimes. But this isn’t the case. The IRS gave warning yesterday of a new email phishing scam. The scam wants you to...

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Tax Tips

Reminder for Teachers – Keep Those Receipts!

September 17, 2007 (Last Modified: July 24, 2019) / TurboTaxLee

It’s back to school and a good time to remind teachers/educators to keep those receipts for all the “ordinary and necessary” school items that they purchased for their classrooms during 2007. In 2002, a tax law act gave such folks...

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TurboTax Kicks Off its 2021 Hispanic Heritage Month Celebration with Stories of Perseverance and Strength

A New Baby and Tax Breaks

Unemployed Doesn't Mean Untaxed

Giving Alert! Thrift Stores, Charities Need Your (Tax Deductible) Donations

Get Educated on College Savings Tax Breaks

Understanding Those Part-Year Returns

I work in one state and live in another state. What do I file? (Part II)

I Work in One State and Live in Another State. What Do I File? (Part I)

Your Vacation Home and Your Tax Return

Phishers Now Want You To Believe The IRS Is A Charity!

Reminder for Teachers – Keep Those Receipts!

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