Single Mom taking advantage of the EIC Earned Income Tax Credit

Earned Income Credit: The Only Things You Need to Know

Are you trying to figure out if you qualify for Earned Income Credit (EIC)? Also known as Earned Income Tax Credit (EITC).

Well, no need to worry.

Today we will go over what conditions need to be met, such as your filing status, income, number of kids and more.

In the case where the required conditions are met, you can then easily apply for the Earned Income Credit.

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Lady putting IRS form 8949 in the mailbox

What is the IRS Form 8949 and Do You Need It?

Are you worried about whether or not you need to fill out the IRS form 8949?

Buying and selling stocks is a great way to increase your net worth for short and long-term goals. When you sell stocks (or any asset for that matter), you affect your tax liability. Just like money you make working, you must pay taxes on any money you earn.

Not every sale earns money, though. Many investors sell stocks at a loss whether to offset their capital gains or because they have no choice but to sell at a loss – as we all know, life is unpredictable.

When you buy and sell stocks for a profit or loss, the IRS wants to know about it on Form 8949. Every investor must complete one. Here’s how it works.

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Woman worried about Tax Identity Theft at her desk

How to Deal with a Federal Tax Lien (IRS Form 12277)

Are you trying to figure out if you need to fill out the IRS form 12277?

When you have a tax lien filed against you, it means you owe the federal government money and they’re staking a claim in your property to get it.

Once you pay the debt back, the IRS reports the lien paid in full, but it may still negatively affect your ability to get new credit for many months or even years in the future.

Is there a way to get rid of the lien and ensure an easier time getting financing moving forward? IRS Form 12277 may help.

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Where do nurses get paid the most. #moneytips #nursetips

Where Do Nurses Make the Most Money by State and City?

Question of the Week: Where Do Nurses Make the Most Money in America?

There are four professions that will never go out of business and they are farmers, because people won’t stop eating, plumbers because people won’t stop using the bathroom, funeral homes because people won’t stop dying, and nurses because people won’t stop getting sick.

Nursing continues to be one of the most popular fields in the country and as the baby boomer generation has aged, the demand for nurses has increased accordingly.

Many of the reasons people choose nursing is the helping of others, but to be frank, the pay isn’t terrible either. That being said, it’s important to understand the value of a nurse in a given area.

This article will take a dive into some of the locations where nurses make the most money.

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Woman happy about submitting IRS form 9465 for repayment plan on the phone

Where’s My Amended Return? (Easy Ways to File Form 1040X)

As the tax season comes to an end, many individuals have received their returns and are set for 2020. Then there are those who had something come up where their taxes couldn’t be complete in time and the question, “where’s my amended return,” may come up.

There are also many instances where you have completed your tax return but need to make a correction or amendment.

Now with this being the government, you may think it is a long and complicated process, when really, it’s not as bad as it sounds.

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