19 Nov What taxes will I owe on this COVID 401(k) distribution?
You have the option of spreading taxes over three years. ...
17 Nov How do I claim a retirement plan withdrawal on my taxes?
Withdrawals from most retirement plans are considered ordinary income. ...
16 Nov Can I convert this IRA to a Roth to leave tax-free inheritance?
Before you convert an IRA, consider the tax consequences and your cash flow. ...
13 Nov I remarried. Should he put my name on his home’s deed?
When you remarry, there are considerations when it comes to asset ownership. ...
12 Nov My home’s assessment went up. What about the Senior Freeze?
Several factors are considered for eligibility for this tax break....
10 Nov We have jobs. Can we take from our 401(k) plans without penalty?
The CARES Act gives some investors the opportunity to withdraw funds without penalty. ...
10 Nov Are trust distributions really taxed at 37%?
The terms of the trust will determine how and when funds are paid to beneficiaries. ...
09 Nov How long do I have to keep birth certificates, tax returns?
There are good reasons to hold onto important documents. ...
09 Nov We’re separated. Should we still file our tax returns together?
There can be good reasons to file separate tax returns if you're no longer together. ...
06 Nov If I sell my home and rent instead, do I pay taxes on the profit?
You may not have to pay any tax, depending on the details. ...