“Non Taxable”

766 Search Results

766 Search Results

Is the Interest on Your Business Loan Tax Deductible?

Is the Interest on Your Business Loan Tax Deductible?

https://www.sofi.com/learn/content/is-business-loan-interest-tax-deductible/

…interest payments. Non-Profit Loans Not-for-profit organizations are exempt from federal income taxes, so interest paid on non-profit business loans, which are geared specifically for businesses that have a 501(c)(3) status,…


Can a Married Couple Have Two Roth IRAs?

Can a Married Couple Have Two Roth IRAs?

https://www.sofi.com/learn/content/married-couple-two-roth-iras/

…for a non-working spouse, a married couple must file their taxes jointly. A spousal IRA, again, permits the non-earning spouse to make contributions based on the income of the working…


Backdoor Roth IRAs

Backdoor Roth IRAs

https://www.sofi.com/learn/content/backdoor-roth-ira-right/

…on the amount that can be converted to a Roth IRA. •   The process includes opening a traditional IRA, making non-deductible contributions, and then converting these to a Roth IRA….


Guide to Speculative Investments

Guide to Speculative Investments

https://www.sofi.com/learn/content/speculative-investment/

A speculative investment is when an investor hopes to profit from a rapid change in the value of an asset, often one that’s considered non-productive. Many speculative investments are short-term,…


Returned Item Fees: What They Are & How to Avoid Them

Returned Item Fees: What They Are & How to Avoid Them

https://www.sofi.com/learn/content/what-is-a-returned-item-fee/

…that offers no-fee overdraft protection can also help avoid these fees. What Is a Non-Sufficient Funds (NSF) Fee? A non-sufficient fund or NSF fee is the same thing as a…


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