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How Do I Prove Gambling Losses On My Taxes?
How Do I Prove Gambling Losses On My Taxes? Key takeaways in this article: Document Your Gambling: To prove gambling losses, you must maintain…
Your Tax Return Is Still Being Processed: What Does It Mean?
Your tax return is still being processed, so does the online tool reads. It’s the stuff of nightmares for many. You check the IRS’s "Where’s…
Is It Worth Claiming Medical Expenses On Your Taxes?
Medical Expense Deduction: A Complete Guide Key points in this article: You are allowed by the IRS to deduct any qualifying out-of-pocket medical and dental…
Short-Term Capital Gains Tax: A Quick Guide
A Quick Guide To The Short-Term Capital Gains Tax Key points in this article: Capital gain refers to the increased value of a capital asset…
How To Know What Tax Rate To Use In Your Return
How To Know What Tax Rate To Use In Your Return Key points in this article: The higher your income is, the higher tax bracket…
Do You Have to Pay Taxes on Unemployment Benefits?
If you're looking up this question, you probably have had your fill of unpleasant surprises. Unemployment benefits are a lifeline for individuals who have lost…
Retired and Filing Taxes: Does My Social Security Count as Income on My Taxes?
You think you're asking a yes-or-no question. Then the IRS answers with a percentage. Are Social Security benefits considered income? Yes, this crucial source of…
Does Unemployment Count as Income?
So you got fired and now you're taxed? Believe it or not, there's good news: You have income. Unemployment benefits can often be a financial…
