Bookkeeping

If you expect to earn “non-job” income not subject to withholding, such as income from dividends or retirement accounts, enter the amount in this section. But the information you’ve provided in the previous sections might result in your employer withholding too little tax over the course of the year. That could land you with how […]

If you’re still unsure whether certain types of income are taxable or which tax planning strategies are right for you, you may want to seek advice from a tax professional. You generally have a choice between itemizing deductions or claiming the standard deduction, whichever option is easiest or will result in the lowest tax bill.