10 Apr We owe $6,700 in taxes. Will we have to pay penalties? Posted at 06:06h in Ask NJMoneyHelp, Taxes You may owe penalties if you've underpaid taxes through the year. ... Read More
09 Apr When is it better to file a ‘married filing separately’ tax return? Posted at 06:06h in Ask NJMoneyHelp, Taxes Qualifying for the pension exclusion could be one reason to file separately.... Read More
08 Apr How are distributions from inherited IRAs taxed? Posted at 06:02h in Ask NJMoneyHelp, Retirement, Taxes Your inherited IRA is probably subject to federal income tax. ... Read More
05 Apr Are there tax implications for moving a 529 plan? Posted at 06:02h in Ask NJMoneyHelp, College, Taxes If it's a rollover, you can make the move with no tax consequences.... Read More
04 Apr Are teachers double-taxed on their retirement accounts? Posted at 06:06h in Ask NJMoneyHelp, Retirement, Taxes Teachers are taxed twice, not double-taxed. Here's why.... Read More
04 Apr Am I getting the full veteran’s tax break? Posted at 06:02h in Ask NJMoneyHelp, Taxes Veterans got a new tax break when N.J. passed the gas tax bill. ... Read More
03 Apr Is the “exit tax” due when home sells at a loss? Posted at 06:06h in Ask NJMoneyHelp, Real Estate, Taxes The exit tax is really an estimated tax payment on a home sale. ... Read More
02 Apr Do Roth withdrawals count as Senior Freeze income? Posted at 06:02h in Ask NJMoneyHelp, Taxes You can't exceed income limits and qualify for this tax benefit. ... Read More