Claims

View and explore all extracted claims from processed sources.

Subject Tag

Extracted Claims (18452)

The I.R.S. had already required you to report any capital gains or losses tied to crypto or other digital assets on your federal tax return. 0.950

👤 The author 📋 News Article 🏷️ Finance

Simplified: I.R.S. had already required you to report any capital gains or losses tied to crypto or other digital assets on your federal tax return

1 sources

5 months ago
If you reached the end of a federal income-driven repayment plan in 2025 and haven’t had your loans officially forgiven yet, you will still be eligible for the break — as long as you had enough qualif... 0.950

👤 Experts 📋 News Article 🏷️ Finance

Simplified: If you reached end of federal income-driven repayment plan in 2025 and haven’t had loans officially forgiven yet you will still be eligible for break...

1 sources

5 months ago
Canceled student debt usually counts as taxable income (there are exceptions, including for debt that goes away via the Public Service Loan Forgiveness program). 0.950

👤 The author 📋 News Article 🏷️ Finance

Simplified: Canceled student debt usually counts as taxable income

1 sources

5 months ago
Many states have their own tax incentives, both for vehicles and for a variety of things related to your residence. 0.900

👤 The author 📋 News Article 🏷️ Finance

Simplified: Many states have their own tax incentives for vehicles and things related to your residence

1 sources

5 months ago
While the form will include your proceeds, your cost basis — or the amount you originally paid for the assets — may not be on the form. 0.950

👤 The author 📋 News Article 🏷️ Finance

Simplified: While form will include your proceeds your cost basis or amount you originally paid for assets may not be on form

1 sources

5 months ago
It’s back. 0.950

👤 The author 📋 News Article 🏷️ Finance

Simplified: It is back

1 sources

5 months ago
Otherwise, you risk paying the wrong amount. 0.950

👤 The author 📋 News Article 🏷️ Finance

Simplified: Otherwise you risk paying wrong amount

1 sources

5 months ago
You may need to track that information down yourself or use a tool to properly calculate any gains or losses, said Andy Phillips, vice president of H&R Block’s Tax Institute. 0.950

👤 Andy Phillips 📋 News Article 🏷️ Finance

Simplified: You may need to track that information down yourself or use tool to properly calculate any gains or losses

1 sources

5 months ago
It’s best to check with your employer. 0.900

👤 The author 📋 News Article 🏷️ Finance

Simplified: Check with your employer.

1 sources

5 months ago
People who own or work for what the I.R.S. calls a “specified service trade or business” — which include occupations like accounting law and health care — are also ineligible. 1.000

👤 The author 📋 News Article 🏷️ Finance

Simplified: People who own or work for a specified service trade or business are also ineligible.

1 sources

5 months ago
Eligible workers who receive overtime pay may be able to deduct up to $12500 annually or $25000 for joint filers on their federal tax return. 1.000

👤 The author 📋 News Article 🏷️ Finance

Simplified: Eligible workers who receive overtime pay may deduct up to $12500 annually or $25000 for joint filers on their federal tax return.

1 sources

5 months ago
Starting next year it should be easier to determine that amount because employers will have to specify any eligible overtime on your W-2 form. 1.000

👤 The author 📋 News Article 🏷️ Finance

Simplified: Starting next year it should be easier to determine that amount because employers will specify eligible overtime on your W-2 form.

1 sources

5 months ago
The tax break which requires a Social Security number is reduced for single filers with modified adjusted gross income over $150000 or $300000 for joint filers. 1.000

👤 The author 📋 News Article 🏷️ Finance

Simplified: The tax break which requires a Social Security number is reduced for single filers with modified adjusted gross income over $150000 or $300000 for joi...

1 sources

5 months ago
You can’t double-dip if you’re using an employer-provided dependent care flexible spending account. 1.000

👤 The author 📋 News Article 🏷️ Finance

Simplified: You cannot double-dip if using an employer-provided dependent care flexible spending account.

1 sources

5 months ago
Filers who are married but filing separately are not eligible. 1.000

👤 The author 📋 News Article 🏷️ Finance

Simplified: Filers who are married but filing separately are not eligible.

1 sources

5 months ago
For U.S. citizens born between Jan. 1 2025 and Dec. 31 2028 the government will provide a one-time contribution of $1,000. 1.000

👤 The author 📋 News Article 🏷️ Finance

Simplified: For U.S. citizens born between Jan 1 2025 and Dec 31 2028 the government will provide a one-time contribution of $1000.

1 sources

5 months ago
Michael and Susan Dell have said they will seed the accounts of children born in 2016 and through 2024 with $250 as long as they live in ZIP codes where median household incomes are below $150000. 1.000

👤 The author 📋 News Article 🏷️ Finance

Simplified: Michael and Susan Dell will seed accounts of children born 2016 through 2024 with $250 if they live in ZIP codes where median household incomes are be...

1 sources

5 months ago
To get any of the free money you’ll have to open an account first — and you can do that via your federal tax return. 1.000

👤 The author 📋 News Article 🏷️ Finance

Simplified: To get free money you must open an account via your federal tax return.

1 sources

5 months ago
Families who paid adoption expenses can take a credit of up to $17280 per child and the credit became partially refundable in tax year 2025 via last year’s new law. 1.000

👤 The author 📋 News Article 🏷️ Finance

Simplified: Families who paid adoption expenses can take a credit of up to $17280 per child and the credit became partially refundable in tax year 2025.

1 sources

5 months ago
If you work in a job where tipping is typical then you may be able to deduct up to $25000 of your tips from your federal income taxes for tax years 2025 through 2028. 1.000

👤 The author 📋 News Article 🏷️ Finance

Simplified: If you work in a job where tipping is typical you may deduct up to $25000 of tips from federal income taxes for tax years 2025 through 2028.

1 sources

5 months ago