What is a 1256 loss?
A Section 1256 contract specifies an investment made in a derivatives instrument whereby if the contract is held at year-end, it is treated as sold at fai...
Published: Jan 20, 2026
Can you file jointly using TurboTax?
Note: To begin a new joint return on TurboTax: You can import ONE of your 2014 returns into a new return, so choose the most complicated one. The other sp...
Published: Jan 20, 2026
How do I pay state taxes in Kansas?
Go to the Kansas Department of Revenue Customer Service Center and create your account. Contact Electronic Services for your Access Code assignment. Conne...
Published: Jan 20, 2026
Does RSUs vest retire?
At retirement, any vested RSUs are yours to do with as you wish. If you have unvested RSUs, it will depend on the plan and the company’s policies. If you ...
Published: Jan 20, 2026
Are medical expenses deductible in Massachusetts?
Massachusetts allows a deduction for medical expenses under MGL ch 62, § 3B(b)(4) equal to the federal deduction only for taxpayers that itemize deduction...
Published: Jan 20, 2026
Can you deduct expenses for buying a house?
Unfortunately, most of the expenses you paid when buying your home are not deductible in the year of purchase. The only tax deductions on a home purchase ...
Published: Jan 20, 2026
What is granted restricted stock?
A Restricted Stock Award is a grant of company stock in which the recipient’s rights in the stock are restricted until the shares vest (or lapse in restri...
Published: Jan 20, 2026
What does the law say about spousal support?
Under the federal Divorce Act, spousal support is most likely to be paid when there is a big difference between the spouses’ incomes after they separate. ...
Published: Jan 20, 2026
Do you pay pension if you work part time?
The key thing to remember is that part-time employment will only count towards your benefits if it’s pensionable employment and you’re paying pension cont...
Published: Jan 20, 2026
Do you get a 1099-Q from Florida Prepaid?
Yes. A Form 1099-Q will be provided in January of each year to students who have used their Florida Prepaid Plan during the previous calendar year. In add...
Published: Jan 20, 2026