Hi Mary_Monstera,
Due to the recent tax law changes that went into effect in 2018 under the Tax Cuts and Jobs Act, Congress modified the Standard Deduction upw...
Hi Schulzes,
That would be hard to determine without knowing other factors:
1) What type of deductions, if you will be Itemizing?
2) Whether you are Single or...
Hi Basith,The rule is very clear.You must first assume the Standard Deduction or Itemized Deductions have been subtracted from your Total Income or Adjusted Gro...
Hi Schulzes,If you recently retired and are under the age of 72, there may not be a need to withdraw any funds from the Traditional IRA account because these ar...
Hi, I'm a little confused with "claiming the fact that I work from home 3 days a week" on their taxes.One, they would have to be paying more than 50% of yours a...
