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Military Pay and Allowances Attributable to Active Duty Service in a Combat Zone or a Qualified Hazardous Duty Area

Enter any military pay and allowances earned while serving by the order of the President of the United States with the consent of Congress in a combat zone or qualified hazardous duty area treated as a combat zone for federal tax purposes

Is there any way I can pay for my e-file without using a credit card?

TaxSlayer requires you to pay for your preparation fees by debit/credit card (Visa, MasterCard, American Express or Discover); however, we do offer an alternative if you are expecting a refund on your federal return. If you

Who can I pay medical expenses for using funds from my HSA or MSA?

Qualified medical expenses are those expenses that would generally qualify for the medical and dental expenses deduction. These are explained in Publication 502, Medical and Dental Expenses . However, even though non-prescription medicines (other than insulin) do not qualify for the medical and dental expenses deduction, they do qualify as expenses for HSA or MSA purposes. Qualified medical expenses are those incurred by the following persons: 1. You and your spouse. 2. All dependents you claim on your tax return. 3. Any person you could have claimed as a dependent on your return except that: * The person filed a joint return for 2016, * The person had gross income of $4,000 or more, or * You, or your spouse if filing jointly, could be claimed as a dependent on someone else's return. Please Note: You cannot deduct qualified medical expenses as an itemized deduction on Schedule A (Form 1040) that are equal to the tax-free distribution from your HSA.

What is a Form 1099-C? Cancellation of Debt (View a sample form)

A Form 1099-C is received when you have a debt (home, credit card, student loan, etc.) cancelled. This happens when you receive money initially but are not required to pay all or an amount back to the borrower. Because you are not paying

Everything You Need to Know About Making Federal Tax Payments

or debit card. 4. Electronic payment options provide an alternative to checks or money orders. You can pay taxes or user fees 24 hours a day, seven days a week. Visit the IRS website at and search e-pay, or refer to Publication 3611

Online Payment Agreement

for personal interaction with IRS and reduces paper processing. The IRS fee for setting up an installment agreement to make payments by check, money order, credit card, or payroll deduction installment agreement has increased to $120 (from $105

FAFSA Application- What Do I Need From My Tax Forms?

to determine how much money they should make available to the student to help pay for school. FAFSA Forms have specific deadlines, and by using the new IRS online tool it is easier than ever to apply. View the IRS link to the FAFSA

Uncollected Refunds May be Waiting for You

Is there money waiting for you at the IRS? Each year money goes uncollected by people who either don't file a return or file but don't receive their refund due to an incorrect mailing address or a closed bank account. Here are two things

1099-C: Discharge of Indebtedness. What is this form and what do I do with it?

If you received a Form 1099-C, this amount is generally reported as income on your return. A 1099-C is received when you have a debt (home, credit card, student loan, etc.) Cancelled. When this happens, it means that you received money

What is a Medical Savings Account (MSA) and what are its benefits?

An Archer MSA is a tax-exempt trust or custodial account that you set up with a U.S. financial institution (such as a bank or an insurance company) in which you can save money exclusively for future medical expenses. What are the benefits