Federal and regional: what you need to know about different levels of taxes and refunds
Whether a state tax refund counts as federal income, according to NJ. Do I have to pay federal taxes on the amount the state overpaid...
Cathy Marshall
Are state tax refunds taxed again on my federal return?
By Karin Price Mueller | NJMoneyHelp.com for NJ.com Q. Are New Jersey state tax refunds received this year from overpayment of estimated...
Cathy Marshall
Are health insurance premiums deductible on tax returns?
By Karin Price Mueller | NJMoneyHelp.com for NJ.com Q. Are medical insurance premiums deductible when filing a NJ-1040 return? The...
Cathy Marshall
My tax refund was deposited in the wrong account? What now?
By Karin Price Mueller | NJMoneyHelp.com for NJ.com Q. When I filed my income taxes, the money went to a different account number instead...
Cathy Marshall
I work in N.J. for an N.Y.C. company. To what state do I pay tax?
By Karin Price Mueller | NJMoneyHelp.com for NJ.com Q. I was hired in 2021 by a company that’s based in New York City. I was hired,...
Cathy Marshall
Which divorced parent can claim the child tax credit?
By Karin Price Mueller | NJMoneyHelp.com for NJ.com Q. My daughter is divorced. Her ex-husband declares the 11-year-old on his taxes and...
Cathy Marshall
I give $30K to charities each year. What happens with my tax return?
By Karin Price Mueller | NJMoneyHelp.com for NJ.com Q. We give to about 35 to 40 organizations during the year. How has the tax law...
Cathy Marshall
Do income tax brackets go up with inflation?
By Karin Price Mueller | NJMoneyHelp.com for NJ.com Q. We all have seen that prices are going up due to inflation and wages may...
Cathy Marshall
What’s the cost basis for an inherited brokerage account?
By Karin Price Mueller | NJMoneyHelp.com for NJ.com Q. My father passed away, after a very long life, this summer and I will be getting...
Cathy Marshall
Can we use this strategy to avoid capital gains taxes?
By Karin Price Mueller | NJMoneyHelp.com for NJ.com Q. A good portion of my non-retirement assets are stocks and mutual funds that are...
Cathy Marshall
