General Tax Tips

Is PPE like Face Masks and Hand Sanitizer Tax Deductible as a Medical Expense?

March 26, 2021 (Last Modified: March 31, 2021) / TurboTaxKat

Even the best health insurance plans don’t cover everything. To ease the pain of paying high bills, there is an opportunity for you to claim your medical expenses as a deduction on your tax return. You’re eligible as long as...

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Taxes 101

Top Fun #TaxFacts You Need to Know

February 20, 2021 (Last Modified: February 25, 2021) / TurboTaxKat

The words taxes and fun rarely go together in the same sentence, but here are a few fun state tax facts and federal scenarios…we promise they’re fun! Within your own state there are plenty of interesting tax rules that you...

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Tax Deductions and Credits

All The Single Ladies…Put Your Tax Deductions Up!

February 11, 2021 (Last Modified: April 23, 2021) / Elle Martinez

February is here! And besides celebrating that we only have one month of winter left, there are a couple of other things we can celebrate – including taxes. Yeah, you read that right – tax season is upon us as...

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Tax Planning

Save the (Tax) Dates!

January 29, 2021 (Last Modified: April 13, 2021) / TurboTaxLisa

In order to help you plan for your tax year 2020 taxes (the ones you file in 2021) and other important tax dates, we’ve compiled a list of key tax deadlines for you to keep in mind and mark on...

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Income and Investments

First Time Investors, Here’s What You Need To Know About Taxes

December 10, 2020 (Last Modified: February 4, 2021) / Jim Wang

There continues to be an increase in the number of people investing in stocks, especially when it comes to Millennials and Gen Z. The ability to easily trade and invest with a rise of investment apps like RobinHood, Stash, Acorns,...

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TurboTax News

The IRS, TurboTax, and Industry Partners Announce National Tax Security Awareness Week 2020

November 30, 2020 / TurboTaxBlogTeam

‘Tis the season to think about how you can give to family, friends, and charities, but you also have to think about how to safeguard your financial information from those who may not be as charitable. This year, there’s a...

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Income and Investments

What Is My Adjusted Gross Income (AGI) and How Do I Calculate It?

July 29, 2020 (Last Modified: June 9, 2021) / Ginita Wall, CPA, CFP®

Many benefits are limited to those people whose income is below a certain level. Certain tax deductions and credits such as the Child Tax Credit and the Earned Income Tax Credit are not solely based on your income but your...

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Taxes 101

If I Moved, How Do I File Taxes in Multiple States

June 24, 2020 (Last Modified: June 29, 2020) / Ginita Wall, CPA, CFP®

If you moved last year, you had to get settled in your new community and make it feel like home for yourself and your family. If you moved from one state to another, you had even more to do, as...

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Income and Investments

How to Use Market Losses to Reduce Your Taxes

May 20, 2020 (Last Modified: June 4, 2020) / Jim Wang

Every so often, the stock market goes through periods of volatility. When Coronavirus first appeared, it hit the market very hard. Within days, the market had entered into a correction and then into a bear market. But almost just as...

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Tax Refunds

How to Turn Money Into More Money (Investing Your Tax Return)

May 19, 2020 (Last Modified: November 17, 2020) / Elle Martinez

With about 72% of taxpayers receiving a tax refund and with refunds being on average $3,000, refund checks can have a significant impact on many Americans’ finances, especially this year. If you’re looking for ways to maximize your refund, you’ve...

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Get the latest on the third stimulus check

Is PPE like Face Masks and Hand Sanitizer Tax Deductible as a Medical Expense?

Top Fun #TaxFacts You Need to Know

All The Single Ladies…Put Your Tax Deductions Up!

Save the (Tax) Dates!

First Time Investors, Here’s What You Need To Know About Taxes

The IRS, TurboTax, and Industry Partners Announce National Tax Security Awareness Week 2020

What Is My Adjusted Gross Income (AGI) and How Do I Calculate It?

If I Moved, How Do I File Taxes in Multiple States

How to Use Market Losses to Reduce Your Taxes

How to Turn Money Into More Money (Investing Your Tax Return)

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