adjusted gross income | Something On My Mind

the personal finance blog

Jul 26, 20212 min read

#69A - 2021 Early Child Tax Credit Update

Children 17 or younger are generally eligible for the child tax credit payments, but there are conditions and the payments are coming early

Mar 28, 20217 min read

#52 - The Best Way to Manage Your Stimulus Check and the Future Impact on the Budget

Let’s take a scenario and say a family of four is making under $160,000 AGI. This means that $5,600 ($1,400 per person) will be sent out.

Feb 21, 20215 min read

#47 - The 2020 Tax Review: Why You Don't Want a Tax Return & How The Money Improves the Budget

If your standard deduction is less than the total of your itemized deductions, then you should be able to save money.

Feb 3, 20212 min read

PFT #8 - Personal Finance Tip of the Week: Realized Capital Gains and Losses From Stock Ownership

For most assets the capital gain tax rates that are held for less than a year, are treated as ordinary income as if you earned a paycheck