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taxable income

Jury Duty Pay: Reporting on Your Tax Return

Explore the intricacies of jury duty pay, including compensation, tax implications, and reporting requirements. Discover deductions available for jurors and state-specific regulations to ensure compliance when filing your tax return.

December 14, 2024

Scholarship and Fellowship Grants: Tax Treatment

Explore the tax treatment of scholarship and fellowship grants, including implications for taxable versus non-taxable income, reporting requirements, potential deductions for educational expenses, and how these grants affect financial aid.

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Mortgage Interest Deduction: How It Works

Discover the intricacies of the Mortgage Interest Deduction, a vital tax benefit for homeowners. Learn how it works, eligibility requirements, and tips to maximize your savings, ensuring you make informed financial decisions.

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