Articles

Cryptocurrency Trading: How to Report on Tax Return Through Brokerage (Robinhood) & Direct (Coinbase)

Reporting differs based on source: directly through exchange or through brokerage When trading cryptocurrency, the provided reporting differs based on the source of the crypto. One may buy cryptocurrency directly through an exchange (eg coinbase) or through ...

Bitcoin Taxes 101: All You Need to Know

You can get in trouble with the Internal Revenue Service (IRS) in a variety of ways when using bitcoin, so it's worth learning the regulations. What's the larger picture? Bitcoin and other cryptocurrencies that you...

What do I need to file my taxes? Your ultimate tax documents checklist

Tax season can feel a bit like preparing for a surprise pop quiz – except this quiz involves your entire financial life, and there’s a deadline. ...

What happens to my 401(k) if I move abroad? Options, taxes, and expat rules

Your 401(k) usually stays open when you move abroad, and a US citizen does not become a foreign payee just because of a foreign address. The real changes are practical and tax-related: employer-plan access, future contrib...

Is foreign pension income taxable in the US? What expats must know

US citizens and residents must report foreign pension income on Form 1040 regardless of where the pension originated. The IRS taxes most foreign pension distributions under IRC §§ 61 and 72. Tax treaties may re...

Form 1040-V: Payment voucher explained – when, where, and how to pay your taxes

If you owe the IRS money, the last thing you want is for your payment to get lost or misapplied. ...