10 Nov We have jobs. Can we take from our 401(k) plans without penalty? Posted at 06:02h in Ask NJMoneyHelp, Retirement, Taxes The CARES Act gives some investors the opportunity to withdraw funds without penalty. ... Read More
10 Nov Are trust distributions really taxed at 37%? Posted at 06:02h in Ask NJMoneyHelp, Estate Planning, Taxes The terms of the trust will determine how and when funds are paid to beneficiaries. ... Read More
09 Nov How long do I have to keep birth certificates, tax returns? Posted at 06:02h in Ask NJMoneyHelp, Estate Planning, Taxes There are good reasons to hold onto important documents. ... Read More
09 Nov We’re separated. Should we still file our tax returns together? Posted at 06:02h in Ask NJMoneyHelp, Taxes There can be good reasons to file separate tax returns if you're no longer together. ... Read More
06 Nov If I sell my home and rent instead, do I pay taxes on the profit? Posted at 06:02h in Ask NJMoneyHelp, Real Estate, Taxes You may not have to pay any tax, depending on the details. ... Read More
05 Nov I lost my job but not from COVID. Will I pay a 401(k) penalty? Posted at 06:02h in Ask NJMoneyHelp, Retirement, Taxes The CARES Act waived penalties for early retirement withdrawals. ... Read More
05 Nov Can I claim home office expenses because of COVID-19? Posted at 06:02h in Ask NJMoneyHelp, Taxes Because of the pandemic, more employees than ever are working from home. ... Read More
03 Nov We’re separated. What happens if I take money from my 401(k)? Posted at 06:02h in Ask NJMoneyHelp, Retirement, Taxes New Jersey considers all assets and debts before you get a divorce. ... Read More