Do directors get stock options?
In a private company setting, after the founders have been issued fully vested or restricted stock under their stock purchase agreements, the employees, c...
Category: Updates
Does the wash sale rule apply to options trading?
The wash sale rule can apply to trades involving stock options. First, if you sell stock at a loss, you can turn that sale into a wash sale by trading in ...
What tax form do I use if I am a college student?
For most college students filing a tax return, that’s the standard Form 1040. You’ll use this form to report your income for the year and filing status, a...
Do you get taxed on every paycheck?
Payroll taxes include federal, state, and local income taxes, federal and state unemployment taxes, and Medicare and Social Security taxes. They are autom...
Can you access 1099 online?
You can access your Form 1099G information in your UI OnlineSM account. Note: If an adjustment was made to your Form 1099G, it will not be available onlin...
How do I transfer money between US bank accounts?
How do I transfer money between my U.S. Bank accounts? Select Transfers from the top of the page, then Transfer money. Choose which account to transfer fu...
Where do I enter interest income?
Interest income must be documented on B on Form 1040 of the tax return. Does interest income go on Schedule 1? These include W-2 wages, tax-exempt interes...
Why do I have two W-2 forms from the same employer?
I have two W-2 forms from the same employer with different amounts, and can’t figure out why. I’m using Turbotax to file I have two W-2 forms from the sam...
How do I deduct business trips?
On a business trip, you can deduct 100% of the cost of travel to your destination, whether that’s a plane, train, or bus ticket. If you rent a car to get ...
What does FTE 100% mean?
What is 100% FTE? A 100% FTE is the same as a 1.0 FTE — it may point to one person working a full-time schedule or several people fulfilling the duties of...
