“Non Taxable”

766 Search Results

766 Search Results

What Is a Salary Reduction Contribution Plan?

What Is a Salary Reduction Contribution Plan?

https://www.sofi.com/learn/content/salary-reduction-contribution/

A salary reduction contribution plan allows employees to reduce their taxable income by investing for retirement. With this type of plan, an employee’s salary isn’t really reduced; rather the employer…


What Biden’s Student Loan Forgiveness Means for Your Taxes

What Biden’s Student Loan Forgiveness Means for Your Taxes

https://www.sofi.com/learn/content/bidens-student-loan-forgiveness-taxes/

…plans to tax Biden’s student loan forgiveness plan, according to the Tax Foundation, a nonprofit policy group. But at least eight states may consider federal student loan forgiveness to be…


Guide to Protective Collars in Options Trading

Guide to Protective Collars in Options Trading

https://www.sofi.com/learn/content/protective-collar/

…shares, you might not want to trigger a taxable event by liquidating the position. Protective collars have many beneficial features: •   Protective collars allow you to initiate the trade cheaply….


How to Fill Out Gift Tax Form 709

How to Fill Out Gift Tax Form 709

https://www.sofi.com/learn/content/gift-tax-form-709/

…of taxable gifts, including transfers in trust. The filer must include information about the gift recipient, a description of the gift, and the value of the gift. Reporting taxable gifts…


Guide to IRA Accounts With Limited Margin

Guide to IRA Accounts With Limited Margin

https://www.sofi.com/learn/content/ira-margin-account/

…leverage. Nonetheless, an IRA account with limited margin offers a few advantages, including the ability to defer or avoid short-term capital gains tax, and you’re protected against good faith violations….


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