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1182 Search Results

Guide to Business Tax Refunds

Guide to Business Tax Refunds

https://www.sofi.com/learn/content/do-businesses-get-tax-refunds/

income (along with income from other sources, like wages, interest and dividends, gains on the sale of property or rental income) on their individual 1040s. These individual owners would receive…


Pros and Cons of Consolidating Student Loans: A Comparison

Pros and Cons of Consolidating Student Loans: A Comparison

https://www.sofi.com/learn/content/pros-and-cons-of-student-loan-consolidation/

…•   15-year term for $10,000 to $19,999 •   20-year term for $20,000 to $39,999 •   25-year term for $40,000 to $59,999 •   30-year term for $60,000 or greater If you…


Are Certificates of Deposit (CDs) Taxable?

Are Certificates of Deposit (CDs) Taxable?

https://www.sofi.com/learn/content/are-certificates-of-deposit-taxable/

…CD with $10,000 on January 1, 2024, that pays 4.50% APY, the $450 in interest you earn in 2024 will be taxable in that year. The interest earned in 2025…


Tax Credits vs Tax Deductions: What’s the Difference?

Tax Credits vs Tax Deductions: What’s the Difference?

https://www.sofi.com/learn/content/tax-credit-vs-tax-deduction/

…would owe 24% in federal taxes based on your marginal tax bracket. But if you have $20,000 in tax deductions, you would lower your taxable income to $90,000, which puts…


Personal Loan Need to Knows for Single Mothers

Personal Loan Need-to-Knows for Single Mothers

https://www.sofi.com/learn/content/loans-single-mothers/

…regular income. However, that does not necessarily have to be job-related income. You may be able to count these other sources of income: •  Unemployment •  Alimony •  Child support •  Investment income •  Rental…


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