data and analysis
What kind of tax do I have to pay if I make 100K?
The Federal Income Tax calculation includes Standard deductions and Personal Income Tax Rates and Thresholds as detailed in the Federal Tax Tables publish...
Category: Data And Analysis
data and analysis
How do I claim a missing 500 stimulus check for my child?
You can use the Recovery Rebate Credit on the 2020 Form 1040 or Form 1040-SR to claim a catch-up payment. The IRS will provide a Recovery Rebate Credit Wo...
data and analysis
Can you deduct medical travel?
Certain expenses incurred in traveling for medical purposes are deductible for U.S. federal income tax purposes. Section 213 allows a deduction for expens...
data and analysis
How can I find out if my tax return was filed?
How to Check if Tax Return Was Filed Once you’ve filed your taxes, you’ll need to bookmark the IRS Refund Status page, which can be found at You’ll also s...
data and analysis
What are the rules for selling your primary home?
Better still, the IRS will let you use the exclusion each time you sell your primary residence. There are two rules: You must have owned and used the home...
data and analysis
How are CFCs taxed in the US?
U.S. shareholders of CFCs are subject to specific anti-deferral rules under the U.S. tax code, which may require a U.S. shareholder of a CFC to report and...
data and analysis
Can I still mail in my tax return 2020?
For the 2020 tax return, the due date is May 17, 2021. Your return is considered filed on time if the envelope is properly addressed, has enough postage, ...
data and analysis
How much does my spouse get from Social Security?
At her full retirement age, she will receive her own $250 retirement benefit, and we will add $150 from her spouse’s benefit, for a total of $400. Keep in...
data and analysis
What if I was claimed as a dependent in 2019 but not 2020?
If you were a dependent on someone else’s tax return in 2019, but were not in 2020, then you can claim the payments on your own return this year. These ta...
data and analysis
Is there a 2555 EZ for 2020?
If you’re a working American, you need to file taxes no matter where you live. Taxpayers filing for 2020 may be eligible to exclude up to $107,600 of thei...
data and analysis
Do I need a license to mow lawns in Ohio?
Ohio Revised Code Explained-Landscaping/ Lawn Care If you are in the business of “landscaping and lawn care service,” once you reach at least $5,000 in gr...
data and analysis
What are the properties exempt from the payment of real property taxes?
In this regard, the following are exempt from the payment of RPT: (a) real property owned by the Republic of the Philippines or any of its political subdi...
data and analysis
How do I fix my pin location?
To fix an individual address: On your computer, open Google Maps. Search for an address. Then, click Suggest an edit Wrong pin location or address. Enter ...