Month: February 2022
Top 8 Free Online Tax Preparation Software and Services
Is This Mortgage Company Legit? How to Quickly Vet Your Lender
Itâs a question I see consumers ask whenever they size up a lender: âIs X mortgage company legit?â Ultimately, borrowers want to know that the company theyâre considering is above board, and not some fly by night operation. After all, a mortgage is a major financial transaction, and not one to leave to chance. The… Read More »Is This Mortgage Company Legit? How to Quickly Vet Your Lender
The post Is This Mortgage Company Legit? How to Quickly Vet Your Lender appeared first on The Truth About Mortgage.
The one credit card TPG staffers canât live without – The Points Guy
Bilt Increases Ability To Pay Rent & Earn Rewards For Bilt Cardholders
Bilt Rewards offers the ability to pay rent with a credit card and also offers the Bilt Rewards credit card. Bilt is now making it easier for Bilt credit cardholders to pay rent without paying any fees using their Bilt card and earn rewards (one point per $1 spent). Bilt does this by allowing you […]
“Above-the-Line” Deductions for Your 2021 Tax Return
Relatively few Americans itemize deductions on their tax return. You can either claim the standard deduction or itemized deductions on your return â but not both. And, of course, you always want to pick the higher amount, which is the standard deduction for the vast majority of people.
That means most Americans can’t claim some very well-known tax breaks. No deduction for medical expenses. Zero tax savings for mortgage interest payments. Nothing for state and local taxes, either. If you claim the standard deduction, you can’t claim any of these popular write-offs.
But there are several other popular tax deductions that people taking the standard deduction can still claim on their tax return. Most of these so-called “above-the-line” deductions have no income limits, so anybody can claim them on Schedule 1 of their Form 1040. Plus, because these deductions will lower your adjusted gross income (AGI), you may be able to claim other tax breaks that have AGI-based income limits. (They’re called “above-the-line” deductions because you record them on the 1040 form above the line showing your AGI.) So, if you’re claiming the standard deduction and want to lower your tax bill, keep reading to see if you qualify for any of these common money-saving write-offs.
- SEE MORE 2021 Tax Returns: What’s New on the 1040 Form This Year
Should You Open an IRA If You Already Have a 401k?
Can you contribute to a 401(k) and IRA? The short answer is yes, it’s possible to have a 401(k) or other employer-sponsored plan at work and also make contributions to an individual retirement plan, either a traditional or a Roth. If you have the money to do so, contributing to both 401(k) and IRA plans […]
The post Should You Open an IRA If You Already Have a 401k? appeared first on SoFi.
ExxonMobil Credit Card Review
The Exxon Mobil Smart Card+ could knock up to 42 cents per gallon off the pump price.
This was originally published on The Penny Hoarder, which helps millions of readers worldwide earn and save money by sharing unique job opportunities, personal stories, freebies and more. The Inc. 5000 ranked The Penny Hoarder as the fastest-growing private media company in the U.S. in 2017.
Dear Penny: Can I Sue My Ex for $500? I Hacked His Phone. I Know He Can Pay
This was originally published on The Penny Hoarder, which helps millions of readers worldwide earn and save money by sharing unique job opportunities, personal stories, freebies and more. The Inc. 5000 ranked The Penny Hoarder as the fastest-growing private media company in the U.S. in 2017.
13 Essential Tips When Moving In With Your Boyfriend
These will help you have a smooth transition.
The post 13 Essential Tips When Moving In With Your Boyfriend appeared first on The Rent.com Blog : A Renterâs Guide for Tips & Advice.