Tax Blog - Page 5

Filing

How OBBBA Deductions Affect Your Tax Refund

Tips and overtime deductions reduce taxable income, increasing your refund.

7 min read
Filing

How to Estimate Your Tax Refund from Your Last Pay Stub

Use YTD gross pay and withholding from your pay stub to estimate your refund.

7 min read
Filing

EITC and CTC Refund Timing: The PATH Act Hold

The PATH Act requires the IRS to hold EITC/CTC refunds until mid-February.

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Filing

How Do People Get $10,000 Tax Refunds?

Multiple children (CTC), EITC, overwithholding, and OBBBA deductions.

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Filing

How to Check Your IRS Refund Status

Step-by-step guide to the Where's My Refund tool at IRS.gov/refunds.

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Filing

Does Everyone Get a $3,000 Tax Refund?

No. Your refund depends on withholding vs liability. Some people owe money.

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Filing

What Is the Average Tax Refund in 2026?

What drives refund size and how OBBBA deductions may change the average.

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Filing

Why Is My Refund Different from What I Expected?

Math errors, missing 1099s, CTC changes, offsets, and IRS adjustments.

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Filing

Tax Refund Direct Deposit: How Long Does It Take?

E-file + direct deposit is the fastest: 21 days per IRS guidance.

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Filing

Tax Refund for Head of Household Filers in 2026

HoH gets wider brackets and a higher standard deduction vs single filers.

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Tax Basics

How to Calculate MAGI for the SALT Phase-Down

The SALT phase-down starts at $505,000 MAGI. Step-by-step calculation.

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Tax Basics

SALT Deduction for MFS: The Halving Rules

MFS gets half the cap ($20,200), half the threshold ($252,500), and half the floor.

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Tax Basics

What Counts as SALT? Property Tax, Income Tax, and Sales Tax

SALT = state/local income tax OR sales tax + property tax. The $40,400 cap covers the total.

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Tax Basics

Can Renters Claim the SALT Deduction?

Renters can claim income/sales tax SALT but not property tax.

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Tax Basics

SALT Deduction for Single Filers in 2026

Single filers get the same $40,400 cap and $505,000 threshold as MFJ.

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Tax Basics

Who Gets the $40,000 SALT Deduction?

Itemize, pay enough SALT, and have MAGI below $505,000 for the full cap.

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Tax Basics

Why Is My SALT Deduction Limited to $10,000?

TCJA set the $10K cap in 2017. OBBBA raised it but the $10K floor remains for high earners.

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Tax Basics

SALT Deduction Explained Simply for 2026

State And Local Taxes: what counts, the cap, and when itemizing makes sense.

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OBBBA 2026

Overtime Deduction with Union CBA Rates in 2026

How collective bargaining agreement overtime rates affect the premium calculation and deduction amount.

7 min read
OBBBA 2026

Overtime Deduction for Police Officers and Firefighters in 2026

How the FLSA 7(k) work period affects overtime deduction calculations for public safety workers.

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OBBBA 2026

FLSA-Exempt Workers Cannot Claim the Overtime Deduction

Truck drivers, railroad workers, and salaried-exempt employees are excluded from the overtime deduction.

7 min read
OBBBA 2026

Tips Deduction for Delivery Drivers: DoorDash, Uber Eats, and Pizza in 2026

W-2 pizza drivers qualify; 1099 DoorDash and Uber Eats drivers do not. The employment classification divide.

7 min read
OBBBA 2026

Overtime Deduction for Construction and Trades Workers in 2026

Construction and trades workers are classic FLSA non-exempt employees with strong deduction claims.

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OBBBA 2026

Tips Deduction for Hairstylists and Salon Workers in 2026

Salon stylists on W-2 qualify, but booth renters on 1099 do not. The critical employment-status distinction.

7 min read