S Corp Health Insurance for Shareholders: W-2 Reporting and Deduction
Learn how S corp health insurance rules for shareholders work, from paying premiums and W-2 reporting to the personal deduction and common pitfalls.
IRS Notice 97-60: Foreign Trusts and Deferred Compensation
Learn how IRS Notice 97-60 fits with foreign trusts and deferred compensation, from tax treatment and reporting duties to penalties and narrow exceptions.
Backdoor Roth IRA for Previous Year: Deadline, Pro-Rata, and Form 8606
Learn how a backdoor Roth IRA for a previous year works, from contribution deadlines and pro-rata pitfalls to splitting the reporting across two tax years.
Is There Sales Tax on Hearing Aids by State?
Learn how sales tax on hearing aids varies by state, from exemption rules and prescription requirements to related purchases and ways to reduce your costs.
Roth IRA Rules for Non-U.S. Citizens Living Abroad
Learn how Roth IRA rules apply to non-U.S. citizens living abroad, from who qualifies to contribute through opening an account and later tax exposure.
Do I Have to File Taxes If I Only Get Social Security?
Learn whether you have to file taxes if you only get Social Security, from taxability thresholds to filing traps, optional returns, and state rules.
Employer HSA Contributions on Your W-2: Box 12, Code W
Learn how employer contributions to an HSA on your W-2 work, from what the Code W figure represents to reporting it correctly and handling errors or excess amounts.
Book Income vs. Taxable Income: Permanent and Temporary Differences
Learn how book income vs taxable income differs for corporations, from permanent and timing gaps through deferred tax accounts and reconciliation on the return.
How to Request AGI From the IRS: Online, Mail, and Mismatch Fixes
Learn how to request your AGI from the IRS, from prior returns and transcript choices to online, mail, and phone requests and fixing e-file mismatches.
How to Report 1099-MISC Income: Schedule C, SE Tax, and Estimates
Learn how to report 1099-MISC income, from matching each box to the right schedule through self-employment tax, quarterly estimates, and recordkeeping.