There's a new urban myth among college students that says they can get a $1000 from the government just for filing a tax form. For most of them, they simply are...
Q. The organization who granted the scholarship is asking for a W-9 form. Does that mean I will be taxed?
A. Probably. The fact that they are asking for your So...
Q. Can I contribute to my traditional IRA using funds from my pension if I am retired and not currently employed?
A. It depends on what you mean by "using".
Ye...
The parent reports the income on line 1b of form 1040 ("Household employee wages not reported on Form(s) W-2"). Because of the parent exception, the income is n...
The city wage tax (Earnings Tax) "is a tax on salaries, wages, commissions, and other compensation paid to a person who works or lives in Philadelphia." Doing r...