What To Do With a Consolidated 1099 Tax Statement
You might get a consolidated 1099 tax statement this year if you received taxable income from investments. Here’s what this…
TaxAct Blog: Explore All Articles
New Year, New Financial Goals (And How to Stick to Them)
Did your New Year’s resolution involve saving more money? If so, you’re not alone. Here are some tips for spending…
Tips for Filing Multiple State Tax Returns
Are you still working remotely due to the COVID-19 pandemic? If so, you may not ever get back into the…
How to Make the Most (Financially) Out of Your Military Career
Why did you join the military? Chances are the answer to that is quite complex. It likely includes a measure…
When is Interest Expense Deductible?
The Internal Revenue Service (IRS) allows you to deduct several different types of interest expense, including home mortgage interest and…
Are Political Contributions Tax Deductible?
Updated for tax year 2022. Campaign contributions total hundreds of millions of dollars, and they continue to rise. With this level…
IRS Delays $600 Form 1099-K Reporting Threshold for Third-Party Payment Platforms
The IRS announced on Dec. 23, 2022, that it would delay the $600 reporting threshold for Form 1099-K that was…
TaxAct Texas Bowl Ticket Giveaway: Official Giveaway Rules
NO PURCHASE IS NECESSARY TO ENTER OR WIN. A PURCHASE WILL NOT INCREASE YOUR CHANCES OF WINNING. ALL APPLICABLE FEDERAL,…
12 FAQs About Biden’s Student Debt Forgiveness Plan
If you have questions about student loan forgiveness, you’re not alone — especially after recent court rulings blocking loan cancellation…
Top 6 Tax Changes You Should Know About for 2022
Wondering what’s changed in the tax world from last year? We put together the top six 2022 federal tax changes…
Tax Tips for College Athletes
CON-26-TY21-557-Infographic for Top 7 Tax Tips for College AthletesDownload
Can I Be Claimed as a Dependent While Earning NIL Income?
College athletes scored a win in 2021 when the NCAA changed its policy, granting student-athletes the right to profit from…