The College Investor

Millennial Personal Finance and Investing Blog

Home > Taxes

All About Taxes

The only sure things in life are death and taxes, and any blog relating to investing and personal finance will definitely talk about taxes. So, here are all your tax articles in one place.

What To Do If You’re Late Filing Taxes

Last Updated on Leave a Comment
This article contains references to products from one or more of our advertisers. We may receive compensation when you click on links to those products. For an explanation of our Advertising Policy, visit this page.

Tax season flew by quickly didn’t it ? Let’s just say you completely forgot that Tax Day was April 18 this year and you are late with filing your tax returns. Are you in a hopeless hole ? What can you do ? If you caught onto your lateness before April 18, you could file […]

Filed Under: Taxes Tagged With: ,
Editorial Disclaimer: Opinions expressed here are author’s alone, not those of any bank, credit card issuer, airlines or hotel chain, or other advertiser and have not been reviewed, approved or otherwise endorsed by any of these entities.

Comment Policy: We invite readers to respond with questions or comments. Comments may be held for moderation and are subject to approval. Comments are solely the opinions of their authors'. The responses in the comments below are not provided or commissioned by any advertiser. Responses have not been reviewed, approved or otherwise endorsed by any company. It is not anyone's responsibility to ensure all posts and/or questions are answered.

What To Do If My Parents Claimed Me On Their Taxes?

Last Updated on Leave a Comment
This article contains references to products from one or more of our advertisers. We may receive compensation when you click on links to those products. For an explanation of our Advertising Policy, visit this page.

As you start working and making money, you are supporting yourself through your life and education. It’s inevitable, and everyone goes through it. But it does look different for everyone. You may be living with your parents, or your parents may be paying for college. Or your parents may be giving you money to help […]

Filed Under: Taxes Tagged With: , , ,
Editorial Disclaimer: Opinions expressed here are author’s alone, not those of any bank, credit card issuer, airlines or hotel chain, or other advertiser and have not been reviewed, approved or otherwise endorsed by any of these entities.

Comment Policy: We invite readers to respond with questions or comments. Comments may be held for moderation and are subject to approval. Comments are solely the opinions of their authors'. The responses in the comments below are not provided or commissioned by any advertiser. Responses have not been reviewed, approved or otherwise endorsed by any company. It is not anyone's responsibility to ensure all posts and/or questions are answered.

What To Do If You Can’t Afford To Pay Your Taxes

Last Updated on Leave a Comment
This article contains references to products from one or more of our advertisers. We may receive compensation when you click on links to those products. For an explanation of our Advertising Policy, visit this page.

Tax day is just around the corner. And while 83% of filers get refunds according to the IRS, so people do owe. What do you do if you find out that you still owe a large chunk of money to the Internal Revenue Service (IRS)? And what happens if you can’t afford to pay your […]

Filed Under: Taxes Tagged With: , ,
Editorial Disclaimer: Opinions expressed here are author’s alone, not those of any bank, credit card issuer, airlines or hotel chain, or other advertiser and have not been reviewed, approved or otherwise endorsed by any of these entities.

Comment Policy: We invite readers to respond with questions or comments. Comments may be held for moderation and are subject to approval. Comments are solely the opinions of their authors'. The responses in the comments below are not provided or commissioned by any advertiser. Responses have not been reviewed, approved or otherwise endorsed by any company. It is not anyone's responsibility to ensure all posts and/or questions are answered.

Tax Deadline: You Can File Your Taxes Until Tuesday This Year

Last Updated on Leave a Comment
This article contains references to products from one or more of our advertisers. We may receive compensation when you click on links to those products. For an explanation of our Advertising Policy, visit this page.

It’s true. You can file your taxes until Tuesday April 18 this year. (Don’t forget to check out all these Tax Day Freebies too so you don’t get stressed out by the mere fact that it’s Tax Day!). So while you don’t have a whole lot of time, you do have enough time to get yourself […]

Filed Under: Taxes Tagged With: , ,
Editorial Disclaimer: Opinions expressed here are author’s alone, not those of any bank, credit card issuer, airlines or hotel chain, or other advertiser and have not been reviewed, approved or otherwise endorsed by any of these entities.

Comment Policy: We invite readers to respond with questions or comments. Comments may be held for moderation and are subject to approval. Comments are solely the opinions of their authors'. The responses in the comments below are not provided or commissioned by any advertiser. Responses have not been reviewed, approved or otherwise endorsed by any company. It is not anyone's responsibility to ensure all posts and/or questions are answered.

The Best Tax Day Freebies We’ve Ever Found

Last Updated on Leave a Comment
This article contains references to products from one or more of our advertisers. We may receive compensation when you click on links to those products. For an explanation of our Advertising Policy, visit this page.

There is an old saying that starts off like this, “There are two things in this life no human being can avoid”. Not surprisingly, taxes happen to be one of those things. No matter what you do or who you are, you have to report your taxes, file the paperwork that comes along with it,  pay […]

Filed Under: Taxes Tagged With: ,
Editorial Disclaimer: Opinions expressed here are author’s alone, not those of any bank, credit card issuer, airlines or hotel chain, or other advertiser and have not been reviewed, approved or otherwise endorsed by any of these entities.

Comment Policy: We invite readers to respond with questions or comments. Comments may be held for moderation and are subject to approval. Comments are solely the opinions of their authors'. The responses in the comments below are not provided or commissioned by any advertiser. Responses have not been reviewed, approved or otherwise endorsed by any company. It is not anyone's responsibility to ensure all posts and/or questions are answered.

Do I Have To File Taxes In Multiple States?

Last Updated on Leave a Comment
This article contains references to products from one or more of our advertisers. We may receive compensation when you click on links to those products. For an explanation of our Advertising Policy, visit this page.

Tax filing season may be the single best argument for living a life of simplicity. The Federal Tax code is arcane, but state tax codes put it to shame. Answering a question as simple as, “Where do I file my state income tax returns?” becomes a confusing labyrinth that leaves the average filer casting about […]

Filed Under: Taxes Tagged With: , , ,
Editorial Disclaimer: Opinions expressed here are author’s alone, not those of any bank, credit card issuer, airlines or hotel chain, or other advertiser and have not been reviewed, approved or otherwise endorsed by any of these entities.

Comment Policy: We invite readers to respond with questions or comments. Comments may be held for moderation and are subject to approval. Comments are solely the opinions of their authors'. The responses in the comments below are not provided or commissioned by any advertiser. Responses have not been reviewed, approved or otherwise endorsed by any company. It is not anyone's responsibility to ensure all posts and/or questions are answered.

What Should You Do With Your Tax Refund? (10 Smart Options)

Last Updated on 2 Comments
This article contains references to products from one or more of our advertisers. We may receive compensation when you click on links to those products. For an explanation of our Advertising Policy, visit this page.

There seems to be a common theme with the people around me who receive a large income tax refund: the money starts burning a hole in their pocket! When this happens, the money that was supposed to help improve their financial life turns into an inexpensive new car (or an expensive one with monthly payments), […]

Filed Under: Taxes Tagged With: , ,
Editorial Disclaimer: Opinions expressed here are author’s alone, not those of any bank, credit card issuer, airlines or hotel chain, or other advertiser and have not been reviewed, approved or otherwise endorsed by any of these entities.

Comment Policy: We invite readers to respond with questions or comments. Comments may be held for moderation and are subject to approval. Comments are solely the opinions of their authors'. The responses in the comments below are not provided or commissioned by any advertiser. Responses have not been reviewed, approved or otherwise endorsed by any company. It is not anyone's responsibility to ensure all posts and/or questions are answered.

Why Millennials Might Have More Complicated Taxes Than Ever Before

Last Updated on 4 Comments
This article contains references to products from one or more of our advertisers. We may receive compensation when you click on links to those products. For an explanation of our Advertising Policy, visit this page.

This post is brought to you by CJ Affiliate’s VIP Content Service. Thank you H&R Block for sponsoring this post. While this was a sponsored opportunity from H&R Block, all content and opinions expressed here are my own. Long gone are the days of just a W-2 and filling out a simple 1040EZ. Today’s tax […]

Filed Under: Taxes Tagged With: , ,
Editorial Disclaimer: Opinions expressed here are author’s alone, not those of any bank, credit card issuer, airlines or hotel chain, or other advertiser and have not been reviewed, approved or otherwise endorsed by any of these entities.

Comment Policy: We invite readers to respond with questions or comments. Comments may be held for moderation and are subject to approval. Comments are solely the opinions of their authors'. The responses in the comments below are not provided or commissioned by any advertiser. Responses have not been reviewed, approved or otherwise endorsed by any company. It is not anyone's responsibility to ensure all posts and/or questions are answered.

How Scholarships And Grants Affect Your Taxes

Last Updated on Leave a Comment
This article contains references to products from one or more of our advertisers. We may receive compensation when you click on links to those products. For an explanation of our Advertising Policy, visit this page.

For many people, tax time is one of the most complicated times of the year. April 15 is a busy time for accountants and tax preparers, but it’s also a stressful time for most people. If you’re a student, you might not know what to do – especially if you have scholarships and grants. Do […]

Filed Under: Taxes Tagged With: , ,
Editorial Disclaimer: Opinions expressed here are author’s alone, not those of any bank, credit card issuer, airlines or hotel chain, or other advertiser and have not been reviewed, approved or otherwise endorsed by any of these entities.

Comment Policy: We invite readers to respond with questions or comments. Comments may be held for moderation and are subject to approval. Comments are solely the opinions of their authors'. The responses in the comments below are not provided or commissioned by any advertiser. Responses have not been reviewed, approved or otherwise endorsed by any company. It is not anyone's responsibility to ensure all posts and/or questions are answered.

The Basic Tax Guide For MLPs

Last Updated on 1 Comment
This article contains references to products from one or more of our advertisers. We may receive compensation when you click on links to those products. For an explanation of our Advertising Policy, visit this page.

The first time I ever heard of MLPs was from my Uncle Jeff. Imagine an enormous lumberjack, with a Santa Claus beard and a penchant for stretching the truth. “You know who’s really getting rich up there in Williston? It ain’t them truck drivers. It’s them MLPs. They’re earning all this money without paying any […]

Filed Under: Investing, Taxes Tagged With: , ,
Editorial Disclaimer: Opinions expressed here are author’s alone, not those of any bank, credit card issuer, airlines or hotel chain, or other advertiser and have not been reviewed, approved or otherwise endorsed by any of these entities.

Comment Policy: We invite readers to respond with questions or comments. Comments may be held for moderation and are subject to approval. Comments are solely the opinions of their authors'. The responses in the comments below are not provided or commissioned by any advertiser. Responses have not been reviewed, approved or otherwise endorsed by any company. It is not anyone's responsibility to ensure all posts and/or questions are answered.

Jackson Hewitt Tax Software Review – Solid Interface, Competitive Pricing

Last Updated on Leave a Comment
This article contains references to products from one or more of our advertisers. We may receive compensation when you click on links to those products. For an explanation of our Advertising Policy, visit this page.

Here’s our Jackson Hewitt Tax Software review, where we found they offer a solid interface at competitive prices.

Filed Under: Taxes Tagged With: ,
Editorial Disclaimer: Opinions expressed here are author’s alone, not those of any bank, credit card issuer, airlines or hotel chain, or other advertiser and have not been reviewed, approved or otherwise endorsed by any of these entities.

Comment Policy: We invite readers to respond with questions or comments. Comments may be held for moderation and are subject to approval. Comments are solely the opinions of their authors'. The responses in the comments below are not provided or commissioned by any advertiser. Responses have not been reviewed, approved or otherwise endorsed by any company. It is not anyone's responsibility to ensure all posts and/or questions are answered.

How Frequent Traders Can Stay Organized For Taxes

Last Updated on Leave a Comment
This article contains references to products from one or more of our advertisers. We may receive compensation when you click on links to those products. For an explanation of our Advertising Policy, visit this page.

Frequent traders use a combination of research, current events and technical analysis to buy and sell stocks and options. This approach to investing sometimes yields Alpha (over-performance relative to a benchmark), but it always yields more complicated tax filing. If you buy and sell financial positions, you need to stay organized to avoid an IRS […]

Filed Under: Taxes Tagged With: , ,
Editorial Disclaimer: Opinions expressed here are author’s alone, not those of any bank, credit card issuer, airlines or hotel chain, or other advertiser and have not been reviewed, approved or otherwise endorsed by any of these entities.

Comment Policy: We invite readers to respond with questions or comments. Comments may be held for moderation and are subject to approval. Comments are solely the opinions of their authors'. The responses in the comments below are not provided or commissioned by any advertiser. Responses have not been reviewed, approved or otherwise endorsed by any company. It is not anyone's responsibility to ensure all posts and/or questions are answered.

Credit Karma Tax Software Review – Free But Has Problems

Last Updated on 110 Comments
This article contains references to products from one or more of our advertisers. We may receive compensation when you click on links to those products. For an explanation of our Advertising Policy, visit this page.

We look at Credit Karma Tax Software, which promises free tax filing. It actually turned out to be a great product, but not for everyone.

Filed Under: Taxes Tagged With: , ,
Editorial Disclaimer: Opinions expressed here are author’s alone, not those of any bank, credit card issuer, airlines or hotel chain, or other advertiser and have not been reviewed, approved or otherwise endorsed by any of these entities.

Comment Policy: We invite readers to respond with questions or comments. Comments may be held for moderation and are subject to approval. Comments are solely the opinions of their authors'. The responses in the comments below are not provided or commissioned by any advertiser. Responses have not been reviewed, approved or otherwise endorsed by any company. It is not anyone's responsibility to ensure all posts and/or questions are answered.

1040.com Tax Software Review 2016

Last Updated on Leave a Comment
This article contains references to products from one or more of our advertisers. We may receive compensation when you click on links to those products. For an explanation of our Advertising Policy, visit this page.

1040.com is not a good choice for complex tax filers, and the 1040.com tax software is more expensive than other options. Maybe next year…

Filed Under: Taxes Tagged With: , , ,
Editorial Disclaimer: Opinions expressed here are author’s alone, not those of any bank, credit card issuer, airlines or hotel chain, or other advertiser and have not been reviewed, approved or otherwise endorsed by any of these entities.

Comment Policy: We invite readers to respond with questions or comments. Comments may be held for moderation and are subject to approval. Comments are solely the opinions of their authors'. The responses in the comments below are not provided or commissioned by any advertiser. Responses have not been reviewed, approved or otherwise endorsed by any company. It is not anyone's responsibility to ensure all posts and/or questions are answered.

Are Free Tax Filing Companies Really Free?

Last Updated on 11 Comments
This article contains references to products from one or more of our advertisers. We may receive compensation when you click on links to those products. For an explanation of our Advertising Policy, visit this page.

You’ve seen the advertisements by now: “Start your return for free” or “file for free”. But honestly, are these tax software and service companies really free?Not to mention the fact that the IRS has the FreeFile alliance, which is a group of companies that have committed to offering free filing for eligible individuals.​We took a […]

Filed Under: Taxes Tagged With: , , , , ,
Editorial Disclaimer: Opinions expressed here are author’s alone, not those of any bank, credit card issuer, airlines or hotel chain, or other advertiser and have not been reviewed, approved or otherwise endorsed by any of these entities.

Comment Policy: We invite readers to respond with questions or comments. Comments may be held for moderation and are subject to approval. Comments are solely the opinions of their authors'. The responses in the comments below are not provided or commissioned by any advertiser. Responses have not been reviewed, approved or otherwise endorsed by any company. It is not anyone's responsibility to ensure all posts and/or questions are answered.

Comparing Prices Of TurboTax, H&R Block, and TaxAct

Last Updated on 48 Comments
This article contains references to products from one or more of our advertisers. We may receive compensation when you click on links to those products. For an explanation of our Advertising Policy, visit this page.

There are so many different options when it comes to tax software, and it can be very confusing to figure out which is best. What makes it even more confusing is that many of the companies “hide” the real cost of their software. You see, most companies are simply advertising the “Federal Return” price, and not […]

Filed Under: Taxes Tagged With: , , , , ,
Editorial Disclaimer: Opinions expressed here are author’s alone, not those of any bank, credit card issuer, airlines or hotel chain, or other advertiser and have not been reviewed, approved or otherwise endorsed by any of these entities.

Comment Policy: We invite readers to respond with questions or comments. Comments may be held for moderation and are subject to approval. Comments are solely the opinions of their authors'. The responses in the comments below are not provided or commissioned by any advertiser. Responses have not been reviewed, approved or otherwise endorsed by any company. It is not anyone's responsibility to ensure all posts and/or questions are answered.