The TurboTax Blog

Bonus Tax Calculator (How to Calculate Bonus Paychecks)

August 24, 2021 / TurboTaxLisa

If you received a bonus or are expecting one this year you may want to understand how taxes are withheld from your bonus when you receive it. Check out our bonus calculator that answers one of our most frequently asked questions and find out how your bonus will be taxed.

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Self-Employed

Self-Employed? Quarterly Tax Date Deadlines for Estimated Taxes

August 20, 2021 / TurboTaxLisa

If you’ve taken the plunge into self-employment, congrats on being your own boss! Whether you’re working as a contractor or making money in the fast-growing sharing economy, don’t forget you may need to pay quarterly estimated taxes. The next quarterly...

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Self-Employed

6 Money Saving Tax Tips for the Self-Employed

August 19, 2021 (Last Modified: September 2, 2021) / Philip Taylor

In an attempt to lighten your load and ease your burden whether you are just trying to make the October 17 tax extension deadline or are gearing up for next tax season, take a look at six tax tips for the self-employed and some of the most missed tax deductions.

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Income and Investments

Take Note On How to Save! It’s National #FinancialAwarenessDay

August 14, 2021 / Elle Martinez

Have you ever wanted to not stress over your credit cards, car and student loans, or even your mortgage because they were all paid off? Can you imagine what it would be like to have the freedom in your schedule...

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Self-Employed

How to Report Self-Employment Income When You Have Multiple Side Gigs

August 12, 2021 (Last Modified: August 18, 2021) / TurboTaxKat

Millions of people have diversified the way they earn income and joined the gig economy. This could be a side gig to help them meet financial goals, running their own small business, a second job, or even multiple side gigs....

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Education

Can I Get a Student Loan Tax Deduction?

August 12, 2021 / TurboTaxLisa

Student loans have become a tremendous burden. Even though you can’t escape the payments, are there any tax breaks for student loans? Luckily, taxpayers who make student loan payments on a qualified student loan may get a little relief.

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401K, IRA, Stocks

Five Tips to Help You Figure Out How Much to Save for Retirement

July 29, 2021 (Last Modified: August 6, 2021) / Elle Martinez

As we get more comfortable with our finances we’re looking for ways to improve our system and that includes our retirement plans. Here are five tips to help you estimate how much you need to save for retirement.

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Home

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

July 22, 2021 / TurboTaxBlogTeam

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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TurboTax News

Meet the 20 Latino Students who Received the 2021 #LeadingConEducación Program Scholarship

July 19, 2021 (Last Modified: July 20, 2021) / TurboTaxBlogTeam

Early this year, TurboTax launched its #LeadingConEducación program in partnership with the Hispanic Heritage Foundation to support Latino high school seniors and college students around the US who are seeking a higher education diploma or are completing their college degree...

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Tax Deductions and Credits

Who Should Opt Out of the Monthly Child Tax Credit Payments?

July 19, 2021 (Last Modified: August 3, 2021) / TurboTaxKat

The Child Tax Credit (CTC) is a tax credit available to parents with qualifying children that can either increase your tax refund or lower a tax bill. For the 2021 tax year, the total Child Tax Credit amount has increased,...

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Get the latest on the third stimulus check

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

Bonus Tax Calculator (How to Calculate Bonus Paychecks)

Self-Employed? Quarterly Tax Date Deadlines for Estimated Taxes

6 Money Saving Tax Tips for the Self-Employed

Take Note On How to Save! It’s National #FinancialAwarenessDay

How to Report Self-Employment Income When You Have Multiple Side Gigs

Can I Get a Student Loan Tax Deduction?

Five Tips to Help You Figure Out How Much to Save for Retirement

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

Meet the 20 Latino Students who Received the 2021 #LeadingConEducación Program Scholarship

Who Should Opt Out of the Monthly Child Tax Credit Payments?

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