Suriyawut Suriya / Getty Images Filing status is a category that defines the type of tax return form a taxpayer must use when filing their taxes. Filing status is closely tied to marital status.
The term qualified widow or widower refers to a tax filing status that allows a surviving spouse to use the married filing jointly tax rates on an individual return. The provision is good for up ...
Non-filing of GST returns within the specified due date will attract an interest of 18% per annum, which is calculated on the total outstanding amount. Apart from this, the taxpayer will also be ...
In 2024, federal income tax rates remain at 10%, 12%, 22%, 24%, 32%, 35%, and 37%. While these rates stay the same for 2025, ...
We are about to start the last month of the year, and several states are preparing to distribute the last >stimulus checks of ...
The choice between single and head of household tax filing status can have a sizable impact on the taxes you owe or the refund you receive. Yet many don’t realize they may qualify for the more ...
Deciding between filing jointly or separately with your spouse? This guide explains the pros and cons of each to help you ...
Expressing serious concern over the pick and choose policy in granting prosecution sanction in the infamous arms license scam ...
“You should always assess your filing status,” he says. Married couples are only eligible for some tax breaks if they file jointly. But filing separately helps protect you from errors and ...
The Net Investment Income Tax thresholds aren't adjusted for inflation, and as a result many taxpayers pay NIIT. Overseas, ...
Therefore, any gift exceeding ₹ 50,000 in a financial year would be subject to tax in your wife’s name on the full amount of ...
The Department of State released the December 2024 Visa Bulletin and USCIS will continue to accept employment-based ...