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What Is Form 1095-C?

Form 1095-C is not required for employees to file taxes, but it’s good to keep it for your tax records.

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Alana Benson

Should You Skip That Charitable Donation at the Cash Register?

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Elizabeth Renter

New York City Sales Tax: What Is It and How Does It Work?

New York City charges an 8.875% tax on most retail items. Here are the details on the NYC sales tax.

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Sam Taube

What Is Medicare Tax? Definition, How It Works

All employees pay 1.45% in Medicare taxes. People earning above a certain threshold may also face an additional 0.9% tax on income or a 3.8% tax on investment income.

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Alieza Durana

OASDI Tax: What It Is and Who Pays It

The OASDI tax is one of two FICA payroll taxes that go toward Social Security and Medicare.

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June Sham

What Is Form 5498: IRA Contribution Information?

Form 5498 documents individual retirement account (IRA) contributions, rollovers and distributions. You don’t need to fill it out or send it to the IRS — just keep it for your records.

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Sam Taube

Modified Adjusted Gross Income (MAGI): What It Is, How to Calculate It

Knowing your MAGI can help you figure out if you're eligible for certain tax deductions this filing season. Plus, learn how it differs from adjusted gross income.

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Alana Benson, Pamela de la Fuente

Income Tax Return: How It Works and How Long to Keep One

Taxes may be fact of life, but have you ever been up close and personal with a Form 1040? Here's a beginner's guide to understanding how federal income tax returns work.

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Sabrina Parys

Sales Tax: What It Is, Rates and How to Calculate

Use the sales tax calculator to figure out how much sales tax you’ll potentially owe on a purchase.

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Alana Benson

What Is Form 1099-B? Proceeds from Broker Transactions

You can think of a 1099-B as something similar to a credit card statement — but for your investment activity.

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Sabrina Parys

Massachusetts State Income Tax: Rates and Who Pays in 2026

You don't necessarily have to live in Massachusetts to pay Massachusetts state income tax.

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June Sham

Free Tax Filing Options for 2026

There are several ways to file your taxes for free. IRS Free File and the free versions of popular tax prep programs are just a few options to explore.

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Sabrina Parys, Tina Orem

Back Taxes: How to File Past-Due Tax Returns

Back taxes are unpaid taxes from the current year or previous years. Filing and paying off a past-due return can help you to get current with the IRS.

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2
Sabrina Parys, Tina Orem

Colorado State Income Tax: Rates and Who Pays in 2026

Unlike many other states with progressive tax structures, Colorado taxes income at a flat rate.

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Sabrina Parys

Illinois State Income Tax: Rates and Who Pays in 2026

Illinois income taxes are calculated differently than in some other states, levying a flat personal income tax rather than following a tiered structure.

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Andy Rosen

Ohio State Tax Brackets and Rates for 2025-2026

Ohio has three tax rates. If you earn income in the Buckeye State, here’s what you need to know about filing your state income tax return.

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June Sham

Georgia State Income Tax: Rates, Who Pays

Whether you need to file a Georgia state income tax return depends on your taxable income and residency status.

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June Sham

Zelle Taxes: Why This Payment App Is Different

Zelle is not subject to the same reporting requirements as competitors such as Venmo.

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Andy Rosen

Are GoFundMe Donations Taxable? Tax Tips for Crowdfunding

If you set up a GoFundMe or another crowdfunded campaign, the money you earned could be considered a nontaxable gift — if you were mindful of the rules.

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Sabrina Parys

Venmo Taxes: How They Work in 2026

Is Venmo taxed? That depends on whether you’re taking personal or business payments.

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Andy Rosen