I started to look at the tax forms on TurboTax and it asked if I was a full-time student in 2009. I was a full-time student from January until May and then started working at a fu …

I know that there are avenues for deducting mortgage interest against US Federal income tax, but what about interest paid on a second mortgage? For comparison, I receive a 1098 fo …

What's the difference between itemizing on your taxes and not itemizing? What are the effects and who would benefit from it?

I am going to start investing, but am unsure about how taxes work. I'll be leaving my money in for over a year, which means I'll be paying long-term capital gains taxes instead of …

Another question--at what point do you have to start reporting income from a "hobby"? And should I be charging sales tax on things I sell if I don't have an official business? Ok …

Each time I started up TaxCut while I was working on my taxes, it asked to check the website for updates. The reason: Tax laws change throughout the year. My question is this: …