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Is Puerto Rico considered foreign for US tax purposes?

2 As a result, although Puerto Rico belongs to the United States and most of its residents are U.S. citizens, the income earned in Puerto Rico is consider...

Jul 29, 2026 • 1 READS

general

How do I fix my efile?

To fix this, all you need is an e e-file PIN or your Adjusted Gross Income from the prior year. Request an e-filing PIN from the IRS, enter this PIN into ...

Jul 29, 2026 • 1 READS

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Is there a tax credit for dependents over 18?

How can dependents between ages 18 and 24 qualify? If you have 18-year-old dependents, they can qualify for up to $500 each toward the child tax credit am...

Jul 29, 2026 • 1 READS

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Do you get a lump sum for severance?

The employee receives one lump sum severance payment in the amount of notice owed. It is worthwhile to note that the dismissed employee’s entitlements go ...

Jul 29, 2026 • 1 READS

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How are proceeds from real estate transactions reported on Form 1099?

IRS Form 1099-S Proceeds From Real Estate Transactions is used to report proceeds from real estate transactions. Where this information is reported depend...

Jul 29, 2026 • 1 READS

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What is the maximum loan term for a FHA backed mortgage?

FHA Loans vs. Conventional Loans Loan Terms 15 or 30 years Mortgage Insurance Upfront MIP + Annual MIP for either 11 years or the life of the loan, depend...

Jul 29, 2026 • 0 READS

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How do I stop someone from filing taxes?

Call the IRS Identity Protection Specialized Unit right away at 800-908-4490. Create a file with every piece of paperwork you can get your hands on, datin...

Jul 29, 2026 • 1 READS

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What do you call an ex-spouse?

ThesaurusAntonymsRelated WordsSynonymsLegend: Noun. 1. ex-spouse – a person who was formerly a spouse. adult, grownup – a fully developed person from matu...

Jul 29, 2026 • 1 READS

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What happens if a company missed payroll?

What is the penalty if a company in California is late in paying its workers? If an employer cannot justify not paying an employee on his/her regular payd...

Jul 29, 2026 • 1 READS

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How to calculate adjusted basis on sale of rental property?

Determining the adjusted basis of a rental property is important because you will need it to calculate your gain or loss on sale, which in turn affects yo...

Jul 29, 2026 • 1 READS