In this section, we will be examining the fiver different types of filing statuses available to individuals and familes, inclusions, exclusions, and types of adjustments that applied to gross income. Additionally, we will touch on deductions, types of exemptions, liabilities, credits, and methods of tax payment.

Filing Status

Related Articles
  1. Taxes

    What's IRS Form 1040 For?

    Most U.S. taxpayers will be familiar with the 1040. By the end of filling it out, you'll know how much tax you owe, or what your refund is.
  2. Taxes

    7 Tax Terms Explained

    As the tax season begins, there are certain words you need to know. Read on to see what they are.
  3. Taxes

    An Overview of Itemized Deductions

    President Trump may get rid itemized deductions.
  4. Taxes

    Tax Credits And Deductions For Parents

    Your children can help you save on your taxes with these credits and deductions.
  5. Personal Finance

    Happily Married? File Taxes Separately!

    Just because you are in love doesn't mean that a joint return is best for both of you.
  6. Financial Advisor

    5 Top Tax Concerns Clients Face

    Clients of advisors may have more tax issues as their financial plans become more complicated.
  7. Taxes

    5 Groups That Don't Pay Taxes

    Now that you've paid your share, find out who didn't have to pay taxes this year.
  8. Retirement

    Top Tax Tips for Retirees

    Filing your taxes during retirement can be just as time consuming as when you were employed. We have some tips to help you out.
  9. Personal Finance

    11 Tax Deductions You Can't Actually Write Off

    These are some of the most common tax write-offs that you can't really claim.
  10. Insights

    Top Tax Issues For High-Net-Worth Individuals

    Wealth brings benefits, but from a tax perspective it creates special challenges. Here are some tax issues to pay attention to.
Frequently Asked Questions
  1. What is the difference between overdraft and cash credit?

    The primary differences between overdraft and cash credit lie in how they are secured and whether the money is lent out of ...
  2. How are stock warrants different from stock options?

    A stock warrant is like a stock option, but there are a few key differences.
  3. How can I tell if a loan uses simple or compound interest?

    Learn the differences between simple and compound interest and how you can identify which one a loan uses.
  4. What is the difference between a non-recourse loan and a recourse loan?

    The difference between these two loans comes into play if the borrower defaults, the collateral is sold, and money is still ...
Trading Center