Mel Whitney
Articles
American Opportunity Tax Credit: Eligibility, benefits, and how to claim it
Disclaimer This article is for informational purposes only and does not constitute legal or tax advice. Always consult with a tax professional for your specific circumstances. ...
What is an ITIN and why do you need one?
Taxpayer identification numbers are essential for anyone who wants to pay taxes in the United States. However, not everyone is eligible for a Social Security number. That's where an Individual Taxpayer Identification Number, or ITIN...
Standard vs itemized deduction on the US tax return
As an expat, dealing with the tax laws of two countries can be a challenging task. One of the most important decisions you'll make is whether to take the standard deduction or itemize your deductions. What is standard deduction? Let's break it down: the standard deduction i...
What Is Form 1099-DIV? Dividends And Distributions Mystery Solved
If you invested your money in stock & mutual funds and received dividends and capital gain distribution then you will likely receive a Form 1099-DIV from the payers. In this article, you will find out what is Form 1099-DIV, who can file it, how to file for Form 1099-DIV, how to report dividends without it, and what the deadline is.<...
What to Do After Getting A Letter From the IRS
Every year, the IRS sends out millions of notices to taxpayers. These letters are sent for a variety of reasons. Below is a list of ten simple things you need to do when that notice arrives. 1. Don't ignore it. Most IRS letters and notices are about federal ta...
Military Tax Deductions Available to Active Members of the US Military
Life as an active member of the United States Armed Forces can be as challenging as it is rewarding. Especially when it comes time to file a US income tax return. That can become for those who qualify – a US expat tax return. It is not uncommon for Military Personnel to be transferred to multiple bases both in the United States an...