Archive for 2013


Do You Have to Pay Tax on Gambling Winnings?

Posted by Amanda on February 27, 2013

I went to my first horse race ever a few weeks ago when I snagged an awesome mystery shopping gig. The mystery shop reimbursable expenses even included three $10 bets that I placed on three different horse races. How neat! I have never placed a bet on anything before, and I was hopeful that I […]

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Alternative to Becoming a Landlord

Posted by Don on February 26, 2013

There is a lot of talk about buying investment properties with housing prices still recovering from the housing bust. Buying an investment property can be an exciting and fun challenge (and more work than you think!). While most will focus on how much money they will make each month from the renter, you have to […]

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Merrill Edge 529 $50 Sign Up Bonus

Posted by Kate on February 22, 2013

If you’re looking to start saving for college for your children or other close family members, this week’s Free Money Friday offer is for you! Merrill Edge is offering a $50 sign-up bonus! How to Get Your $50 Bonus Open a NextGen College Investing plan with Merrill Edge. Fund the account with at least $5,000 […]

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10 Free or Cheap Winter Activities

Posted by Kristen on February 21, 2013

Earlier, I did an article on 11 fun, free or cheap activities to do during winter at home. I mentioned how it’s so easy to find free things in summer to do since the weather is warm and the days are long. Winter is a little more difficult though. And as much as I do […]

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How to File a Schedule E Renters Income Form

Posted by Kristen on February 20, 2013

What is the Schedule E Renters Income Form? The Schedule E Renters Income Form is used to report the income and losses you have received or incurred from renting out a home, condo, apartment, or other property during the year. This is also used for renting out any space in which the home you currently […]

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Update: The laws have changed! Please see the New Rules on How to File a Joint Tax Return for Domestic Partners. The federal government does not recognize domestic partners as being married for either legal or tax purposes. However, some states do recognize domestic partners as being married for legal and tax purposes. Naturally, this […]

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Finding Alternatives to Low Interest Rates

Posted by Don on February 19, 2013

When I think back to my grandparent’s retirement years, I remember them talking about how they generated income from their investments. While they received a Social Security check each month in the mail, a good portion of their income actually came from their investments. Most of their investments were in what are considered safe investments, […]

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7 Ways to Use Your Tax Refund as Parents

Posted by Kristen on February 18, 2013

Filing taxes can be stressful. It is even more stressful when you have a baby crying in the background, lunches to pack before the school bus leaves, and costumes to make for the school play. But on the upside, parents filing taxes can get some breaks for having kids (like education credits, dependent care credits […]

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What is Nontaxable Combat Pay?

Posted by Kristen on February 17, 2013

What is nontaxable combat pay? Nontaxable combat pay is any amount of income you have earned while you were an enlisted member, warrant office, or commissioned warrant officer and you were stationed in a combat zone. NonTax Status Nontaxable combat pay is not included in your total gross income and is not taxed. When and […]

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Fill your long Presidents’ Day Weekend with some of these excellent personal finance reads! Source: neighborhoods.org Announcements Vanguard just announced they’re launching the international bond index fund and ETF. More on international and bonds: Should You Add International Bonds to Your Portfolio? Diversify Bond Funds with CDs Asset Allocation to Include More International Exposure Finance […]

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