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What Is Short-Term Capital Gains Tax?: A Guide to Rates and Brackets

If you’re thinking about selling capital assets, like stocks, crypto, real estate, or another investment, you’re probably wondering how much…

Erin Mckendrick

12 FAQs About Tax Extensions

Life doesn’t always cooperate when tax season rolls around. Missing tax documents, unexpected emergencies, or just a complicated tax situation…

Meghen Ponder

Schedule D: Your Guide to Reporting Capital Gains and Losses

If you happened to trade stocks, cash out cryptocurrency, or sell real estate or other capital assets during the tax…

Meghen Ponder

No Tax on Tips: What Tipped Workers Need to Know About the New Deduction

If you rely on tips as part of your paycheck, you’ve likely heard about the new no tax on tips…

Meghen Ponder

Is Canceled Debt Taxable?

Updated for tax year 2025. If a creditor cancels your debt, that’s good news, right? Such cancellation of debt usually…

TaxAct

Form 1099-INT: What It Is and How to Use It

Did you receive Form 1099-INT this tax year? Here’s what is included in this important tax document and how you…

Meghen Ponder

5 Reasons to Stop Worrying About a Tax Audit

If there’s one thing many of us don’t want to see in our mailbox, it’s a letter from the Internal…

TaxAct

7 Organizational Tips to Make Tax Filing Easy

There are often two types of tax filers: Those who neatly file their tax information and receipts away in color-coded…

TaxAct

How Capital Gains Tax Works: Short-Term vs. Long-Term Gains

You sold your house, an investment property, or something else of value. So, when do you tell the Internal Revenue Service?…

Meghen Ponder

How Are Dividends Taxed?: Ordinary vs. Qualified Dividends

Dividends can be a valuable source of investment income, but the tax rules aren’t always straightforward. Some dividends are taxed at…

Erin Mckendrick