Other Income Taxes and Self Employment

Other Income Taxes and Self Employment
(This is part of a series looking at various common 1040 questions. To go back to the summary page, click here) When working through the 1040, one line that can cause a bit of panic is the Other Income on Line 21. The rest of the lines are nice and specific, or at least specific enough to ...

Ordinary vs. Qualified Dividends: Fight!

Ordinary vs. Qualified Dividends: Fight!
(This is part of a series looking at various common 1040 questions. To go back to the summary page, click here) The entertainment world is chocked full of iconic fights through the years: Tyson vs. Holyfield, Batman vs. Superman (or Batman v Superman, for some reason), Kirk vs. Picard. All great clashes. In the tax world, the best we can ...

Thought on Charitable Contributions

Thought on Charitable Contributions
It’s that end of the year time where everyone is trying to get a bigger piece of your pocketbook. For those of you who want to give that money to a charitable organization, here are just a few quick tax tips. I’ve seen a little bit of confusion about them over the last couple of ...