general
What do I claim on my 1098-T?
A form 1098-T, Tuition Statement, is used to help figure education credits (and potentially, the tuition and fees deduction) for qualified tuition and rel...
Aug 04, 2026 • 1 READS
news
Is dividend from mutual fund exempt?
Dividend income from mutual funds was exempt under Section 10(35). On the other hand, there was no provision regarding deduction of TDS on any income earn...
Aug 04, 2026 • 1 READS
updates
What are examples of non harassment?
Behaviours that are not considered harassment are those that arise from a relationship of mutual consent. A hug between friends, mutual flirtation, and a ...
Aug 04, 2026 • 1 READS
news
Which is a correct sentence?
Subject-Verb Agreement. In order for a sentence to be grammatically correct, the subject and verb must both be singular or plural. In other words, the sub...
Aug 04, 2026 • 1 READS
updates
How much time does a tuition cover?
Tuition usually applies to one academic year of college classes (from September to May, for example), unless otherwise specified. There are schools with q...
Aug 04, 2026 • 1 READS
general
Do you have to reveal your identity if you win the lottery in NC?
In part, this is due to the publicity that comes with winning. In some states it is permissible to remain anonymous. However, that is not possible in Nort...
Aug 04, 2026 • 1 READS
news
Can I write stuff off as a sole proprietor?
As a sole proprietor, you can deduct most of your regular business expenses by filling out a Schedule C, Profit (Or Loss) From Business, and turning that ...
Aug 04, 2026 • 0 READS
general
Why was tithes abolished?
In consideration for Levites duty at the temple, the other tribes of Israel were commanded to pay TITHES at the temple TO SUPPORT THE LEVITES. When Christ...
Aug 04, 2026 • 1 READS
general
How do I file taxes when married and spouse is not working?
Don’t claim the nonworking spouse as a dependent of the working spouse. Simply put, the IRS doesn’t allow this. Nice try, though. File your taxes as you n...
Aug 04, 2026 • 1 READS
general
Do you need to report scholarships on Form 1098-T box 5?
There’s no specific field to enter scholarships, fellowships, or grants received on a Form 1098-T box 5. But nontaxable scholarships may reduce the amount...
Aug 04, 2026 • 1 READS
