Certain life events can impact your tax filing status and amount of refund. We have all the information you need to make the correct decisions.
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Common lifestyle changes, like getting a job or getting married, can change your tax liability. To avoid being caught off guard by an unexpected tax bill or huge tax refund, you'll need to adjust your withholdings on your paycheck.
If you're a homeowner, you probably qualify for a deduction on your home mortgage interest. The tax deduction also applies if you pay interest on a condominium, cooperative, mobile home, boat or recreational vehicle used as a residence.
One of the most common reasons for receiving a 1099-MISC is performing work as an independent contractor.
If you're married, there are circumstances where filing separately can save you money on your income taxes.
Don't overpay taxes by overlooking these tax deductions. See the 10 most common deductions taxpayers miss on their tax returns so you can keep more money in your pocket.