Taxes
529 Plans Now Cover $20,000 of K-12: What Changed in 2026
You can now withdraw up to $20,000 a year from a 529 plan for K-12 expenses, double the old $10,000 limit. The…
Taxes
Taxes
The SALT Cap Is Now $40,000: What It Means for 2026
The SALT deduction cap is $40,400 for 2026, up from the old $10,000 limit. The One Big Beautiful Bill Act raised the…
Taxes
The Child Tax Credit Is Now $2,200 for 2026: Who Qualifies
The Child Tax Credit is $2,200 per qualifying child for 2026, up from $2,000. The One Big Beautiful Bill Act raised the…
Taxes
The 1099-K Threshold Is Back to $20,000 / 200 for 2026
The 1099-K reporting threshold is back to $20,000 and more than 200 transactions for 2026. The One Big Beautiful Bill Act repealed…
Taxes
Car Loan Interest Deduction 2026: How the $10,000 Write-Off Works
Yes, you can now deduct car loan interest on your federal taxes, but only on a new, U.S.-assembled vehicle. The One Big…
Taxes
Estimated Taxes 2026: Who Owes Them, How Much, and How to Pay
You generally owe federal estimated taxes for 2026 if you expect to owe at least $1,000 after withholding and credits, and your…
Taxes
Side Hustle Taxes in 2026: How Much to Set Aside and What You Can Deduct
Side hustle income is taxed differently from your regular W-2 paycheck, and it catches a lot of people off guard. When you…
Taxes
Crypto Taxes in 2026: What You Owe and How to Report It
Cryptocurrency is taxable property in the United States. The IRS treats it like stocks, not like currency, so every time you sell…
Taxes
Freelancer and Self-Employed Taxes in 2026: The Complete Guide
Freelance income is taxed differently from a W-2 paycheck in three big ways: you owe a 15.3% self-employment tax on top of…
Taxes
OBBBA Tax Changes 2026: The Complete Guide to How the One Big Beautiful Bill Affects Your Taxes
The One Big Beautiful Bill Act (OBBBA), signed July 4, 2025, is the largest tax law since the 2017 Tax Cuts and…
Taxes
No Tax on Tips 2026: How the OBBBA Tip Deduction Works and Who Qualifies
The One Big Beautiful Bill Act created a new deduction for cash tip income earned by workers in certain occupations, starting January…
Taxes
New Tax Deductions in 2026: The Complete List of What You Can Now Write Off
The OBBBA created several new deductions starting in 2026, and the best part is that you can take them whether you itemize…
See the number first
Free calculators to put what you just read into action. No signup.