Articles, tagged with "interest income", page 1
Federal Tax Form 1040 E file Your Federal Taxes
Did you know you are not required to complete your IRS federal tax return before filing your FAFSA? It is a common misnomer that it is required when it is simply encouraged. However, there will be a question on the FAFSA about which IRS Tax Form you will ...
Lowering the Impact of the Alternative Minimum Tax
Two things strongly factor into the formula for the Alternative Minimum Tax. One is the type of investments you have. Some investments figure more consequentially in the Alternative Minimum Tax. Therefore, the structure of your portfolio is very import...
Alternative Minimum Tax Planning - Importance of Controlling Your Income Retirees
Retirees usually are the most surprised of all taxpayers when they find themselves in the Alternative Minimum Tax. Unfortunately, there is no "age exemption" - if you have the right blend of income and tax deductions, it hits you just as hard as it hits e...
Alternative Minimum Tax Planning - Importance of Controlling Your Income Investors
Here is a checklist of different types of income, as specifically applicable to the category of taxpayer known as Investors. The other categories - Employees, Small Business Owners & the Self-Employed and Retirees - will be discussed in future articles. ...
Here’s a Quick AMT Planning Example
The most common item affecting folks paying the Alternative Minimum Tax is the deduction for state and local taxes. For regular tax purposes, you are allowed a deduction for state income taxes, city or other local income taxes, real estate taxes, persona...