Start For Free

Fast, Secure, and Always Accurate!
Help Categories

Articles
If you owed on your return this year, consider making Estimated Payments to the IRS in the upcoming tax year.

Sometimes taxpayers elect or are required to make estimated payments to the IRS throughout the year in expectation of the following year's tax liability. If your return this year results in an amount due, you may want to consider either...

How can a divorce affect my income tax situation?

If you were recently divorced and are paying or receiving alimony under a divorce decree or agreement, you need to consider the tax implication for your 2013 federal income tax return. Here are the general guidelines: Alimony payments...

General Guidelines for the IRA Deduction

income includes alimony and separate maintenance payments reported on your return. If you were a member of the U.S. Armed Forces, earned income includes any non taxable combat pay you received. If you were self-employed, earned income...

What are Estimated Taxes?

Estimated tax is the method used to pay tax on income that is not subject to withholding. This includes income from self-employment, interest, dividends, alimony, rent, gains from the sale of assets, prizes and awards. You also may have...

Alabama Income You MUST Report

and disability pensions) if your employer paid for the policy. Alimony or separate maintenance payments received from and deductible by your spouse or former spouse. Life insurance proceeds from a policy you cashed if the proceeds are more than...

Mississippi Non Resident Return/Part Year Income Subject to Tax

the amount of all dividends received during your tax year. Dividends include distributions of money as well as property. Alimony Received Enter the amount received as alimony and separate maintenance payments. The recipient of alimony must...

Examples of deductions and credits that are available in TaxSlayer

Enter Myself > Credits> Credit for the Elderly or Disabled. Alimony Paid: If you made payments to your former spouse under a divorce or separation agreement, you can usually deduct those payments on your tax return. Note: This deduction......

New Mexico Modified Gross Income

but is not limited to: interest, including interest from U.S. Government securities and interest on state and municipal bonds; dividends; alimony, separate maintenance and child support payments; gross gambling, gaming and lottery winnings from any...

Pennsylvania Schedule SP- Tax Forgiveness Credit

interest, dividends, and gains 3. Alimony- Enter the amount of federally taxable alimony that you receive. 4. Insurance Proceeds and Inheritances- This amount includes the total proceeds received from life or other insurance policies. Also...

Iowa Subtractions From Income

upon registered ownership of the time deposit. Jointly held: Divide the penalty equally between spouses. Held in name of only one spouse: Allocate the entire penalty to that spouse. Alimony Paid Enter the amount of alimony payments...