1. What is a FBAR report for income taxes? Updated: February 08, 2012
2. Is there a way to avoid the kiddie tax on a child's income? Updated: February 08, 2012
3. How long do taxpayers have to claim a refund? Updated: February 08, 2012
4. I am putting together my taxes and found that I am over the income limit for the earned income tax credit by $250. What other options do I have for tax credits? We are a single-income family as my wife is a stay-at-home mom. Updated: February 08, 2012
5. I'm thinking of filing my taxes electronically. Where can I get information about using IRS Free File Fillable Forms? Updated: February 08, 2012
6. My husband and I pay our own health insurance because his employer does not offer coverage. Can we claim those premiums on our taxes? Updated: February 08, 2012
7. How can I take advantage of the advance Earned Income Tax Credit (EITC) if I'm currently unemployed? Updated: February 03, 2012
8. What were traditional IRA contribution limits for an individual and non-working spouse for the years 1986-2000? Also, when did Roth IRAs begin, and what has been their contribution limit history? Updated: February 03, 2012
9. How does losing a job affect your income taxes? Updated: February 03, 2012
10. Can someone without children claim his disabled and elderly mother, who lives with him, for an earned income tax credit? Updated: February 03, 2012
11. At what point do you start paying taxes from interest on government bonds? Updated: February 03, 2012
12. What is the FICA tax that is taken out of my paycheck? Updated: February 03, 2012
13. If one spouse of a married couple filing a joint tax return retires and starts taking Social Security, will the other spouse's salary count as earned income toward the limit before Social Security payments are reduced? Updated: February 03, 2012
14. What types of records should you keep for tax-deductible business mileage? What about mileage as a volunteer or for driving to a doctor's office? Updated: February 03, 2012
15. I forgot a deduction on my original federal income tax return and am filing an amended return for an additional refund. Can I direct deposit this additional refund into my bank account or split it among several financial accounts? Updated: February 03, 2012
16. Can you explain how the tax credit for retirement savings plan contributions (Saver's Credit) works? Updated: February 03, 2012
17. Once a person's estate has been settled, how long should you keep tax returns that the deceased had filed? Updated: June 14, 2011
18. If I am working for a company with a 401(k) plan and approaching age 70½, can I roll my IRA accounts into my 401(k) and thus defer taking an annual required minimum distribution (RMD) on the IRA dollars? Updated: May 31, 2011
19. What does "taxable account" mean when talking about investing? Updated: May 26, 2011
20. How does a W-4 form impact your tax refund? Updated: May 23, 2011
21. What does it cost to use a credit card to pay your federal and state income taxes? Updated: May 23, 2011
22. When can I start taking money out of my retirement savings plan without paying a penalty? Updated: May 23, 2011
23. Is it necessary to pay taxes (such as quarterly taxes) on my 2011 required minimum distribution (RMD), or do I just pay the amount due at the time of filing my 2011 federal income taxes? Updated: April 07, 2011
24. I am currently working in the United States with an E2 work visa. Am I exempt from FICA taxes? Updated: April 07, 2011
25. I am 65 years old, retired, and make $45,000 per year. If I withdraw money from my 401(k), how much will I be taxed? Updated: April 07, 2011
26. Are 4-H club expenses tax deductible? My son racked up a lot of expenses on his project. Updated: April 07, 2011
27. I am a 73 years old and have an IRA account with a broker and two 401(k)s. My broker told me I could combine the IRA required minimum distribution (RMD) with RMDs for my 401(k)s. I withdrew the additional amount from my 401(k)s and did not make a separate RMD from my IRA. The IRS.gov website FAQs state that the IRA RMD must be taken separately. Will I have to a make separate RMD from my IRA account? How can I report the late withdrawal to the IRS? Updated: April 06, 2011
28. How can you research a charity before donating money to it? What should you look for? Updated: January 31, 2011
29. Income tax on Social Security can be a heavy penalty for a married couple when the not-retired partner still earns a substantial income. Will selecting the "Married Filing Separately" tax filing status mitigate this financial problem? Updated: May 11, 2010
30. My insurance at work is pre-tax. I no longer want it pre-taxed. My employer tells me it has to be. What would the reason for this be? Updated: May 11, 2010

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