The new 2026 charitable deduction may help taxpayers who take the standard deduction. But a GoFundMe receipt does not automatically make a gift tax-deductible. Learn why the recipient matters, which online donations may qualify, and what records you should keep.
Your new Form 1099-DA may show the proceeds from a crypto sale and a cost-basis amount that looks official. But if you moved digital assets between exchanges or private wallets, the broker may not have your complete purchase history. Here is how to check the form, rebuild missing records, and avoid reporting the wrong taxable gain.
You requested a $100,000 pension lump sum, but the check was only $80,000. Learn why the plan withheld 20%, how the 60-day rollover rule works, and why depositing only the check may leave part of the distribution taxable.
You requested a $100,000 pension lump sum, but the check was only $80,000. Learn why the plan withheld 20%, how the 60-day rollover rule works, and why depositing only the check may leave part of the distribution taxable.
A promoter promises a large refund through a “special tax credit” your accountant supposedly missed. Before signing anything, learn how to verify the credit, spot questionable claims, and protect yourself if the paperwork has already been filed.
Your Marketplace discount may have looked correct until a bonus, business payment, investment gain, or other income changed the final calculation. Learn how the 2026 Premium Tax Credit income limit works, why full repayment may be required, and what to check before accepting the balance.
You worked extra hours after hearing that overtime was now tax-free. Then your paycheck arrived with federal income tax, Social Security tax, and Medicare tax still coming out. Learn what the No Tax on Overtime deduction really covers, which part of your pay may qualify, and what to check before changing your withholding.
Your Marketplace health insurance was discounted all year, but now your tax return says you owe money. Learn why a Premium Tax Credit repayment happens, how income or household changes affect the calculation, what to check on Forms 1095-A and 8962, and what to do if the amount is wrong or you cannot afford to pay it.
The new IRS mobile app replaced IRS2Go and lets taxpayers check refunds, review balances, make certain payments, view selected notices, access transcripts, and retrieve an Identity Protection PIN. It does not replace IRS.gov or solve every tax problem, so it is still important to understand what the information in the app means.
Losing money to an investment scam is painful enough. Then comes the difficult tax question: Can any of that loss be deducted? A recent Tax Court case allowed taxpayers to claim a $925,000 theft loss, but that result does not mean every scam victim qualifies. Learn what the court considered, why the year of the loss matters, how possible recovery can affect a claim, and which records may help support an investment scam tax deduction.
