Why Twitter Inc (NYSE:TWTR) Is in the Spotlight Today - Insider Monkey

Why Twitter Inc (NYSE:TWTR) Is in the Spotlight Today - Insider Monkey

Given Facebook and Snap's rally and Twitter Inc (NYSE:TWTR)'s own slide into the $14-$15 range, it isn't surprising that some investors have become rather anxious to see an uptick in either the stock or the social media company's fundamentals. Although there is no guarantee that an activist will appear, an activist could have multiple avenues at lifting Twitter's share price, including asking for more cost cuts, or asking Twitter to sell some assets. As has been the case before, rumors about a potential activist could just be rumors and not facts, however, and Twitter's stock could remain dependent on sentiment and management's execution.

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Buying guides: Infant car seats, convertible car seats, and boosters | BabyCenter

Buying guides: Infant car seats, convertible car seats, and boosters | BabyCenter

Once your child outgrows the convertible car seat (follow the manufacturer's recommended height and weight limits), it's time to switch to a booster seat. Boosters use the car's seat belts and are designed for children age 4 and older who weigh at least 40 pounds.

The National Highway Traffic Safety Administration (NHTSA) recommends that kids ride in booster seats until they're at least 8 years old and 4 feet 9 inches tall.

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Which Is Better: Convertible Or All-In-One Car Seat? - The Car Connection

Which Is Better: Convertible Or All-In-One Car Seat? - The Car Connection

Bottom line: Weigh and balance whether you want to stick with a single car seat for as long as possible, using it from your child's birth to the transition to forward-facing, or buy a different type of seat that accommodates from toddler on.

Keep in mind that you want a rear-facing seat until your child is roughly 2 years old, or surpasses the height and weight limits for that car seat. Check the car seat instruction book or the labels on the car seat itself. More information on car seat recommendations for children (age and size chart and type of seat recommended) is available at the Parents Central page of Safercar.gov.

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Flexible Spending Account vs. Dependent-Care Credit

Flexible Spending Account vs. Dependent-Care Credit

Money you set aside in a flexible spending account is not only subtracted from your paycheck before income taxes are calculated, but it also avoids the 7.65% Social Security and Medicare tax. So if you're in the 15% income-tax bracket, you won't have to pay the 15% federal tax or the 7.65% Social Security tax, which means that you'll avoid paying a total of 22.65% in taxes on that money. In that case, contributing the maximum $5,000 to your dependent-care flex plan cuts your tax bill by $1,133. The benefits get even better as your tax bracket rises. If you're in the 25% bracket, for example, you'll end up saving 32.65% in taxes on the money you contribute to the FSA -- and lowering your tax bill by $1,633. You'll save even more if your FSA contribution escapes state income taxes.

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What Are Standard Tax Deductions? - TurboTax Tax Tips & Videos

What Are Standard Tax Deductions? - TurboTax Tax Tips & Videos

Standard deductions ensure that all taxpayers have at least some income that is not subject to federal income tax. Standard deductions generally increase each year due to inflation. You have the option of claiming the standard deduction or itemizing your deductions. However, you can never claim both in the same year. You will find that many states that impose an income tax will also allow you to claim a similar type of deduction on your state income tax return.

Standard deduction amounts

The amount of your standard deduction depends on the filing status you qualify for. In 2016 for example, single taxpayers and married taxpayers who file separate returns can claim a $6,300 standard deduction. Married couples filing jointly can claim an amount that's twice as large, $12,600, and taxpayers filing as "head of household" (single individuals with dependents) can claim a standard deduction of $9,300.

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Consolidated Form 1099 - TurboTax Support

Consolidated Form 1099 - TurboTax Support

That will have sections for 1099-Int and 1099-Div and 1099B. You need to enter each section in the right place.  So read it carefully and look for headings…1099-Int for interest or 1099-Div for Dividends and 1099B for sales.

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Consolidated 1099 Tax Statement Questions | Edward Jones

Consolidated 1099 Tax Statement Questions | Edward Jones

Brokerage firms do not receive final tax distribution information for some securities until after February 15, so 1099 statements sent to holders of these securities prior to Edward Jones receiving this final data are preliminary. We may still be waiting for final allocation information from some issuers of mutual funds, REITs, CMO/REMICs and certain foreign securities. Your 1099 is final, to the best of our knowledge, when "Figures Are Final" is displayed under the Edward Jones logo and above your address. You may want to consider this when making an appointment with your tax professional. 

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What Is a 1099-G Tax Form? - TurboTax Tax Tips & Videos

What Is a 1099-G Tax Form? - TurboTax Tax Tips & Videos

Suppose your state requires your employer to withhold state income taxes from your salary and wages. If you itemize your deductions on Schedule A instead of taking the standard deduction, the IRS allows you to deduct the state income taxes you paid.

In many cases, however, the total amount of state income tax withheld will exceed the amount of tax you're actually responsible for paying.

• For example, suppose $5,000 is withheld from your 2016 wages for state income tax.
• After preparing your state income tax return, you find you only owe $3,500. The state should send you a refund of $1,500 in 2016.
• However, let's say you prepared your 2016 federal income tax return and took a deduction for state income taxes of $5,000 that reduced your federal taxes.
• When you prepare your 2017 tax return, you'll need to report the $1,500 refund as income since the deduction you took in the prior year was too much.

If in the previous year you chose to deduct state and local sales tax instead of state income tax on your Schedule A, or chose the standard deduction, it is not necessary to report the amounts in box 2 since these state taxes would not be refunded by your state or local government. If box 8 of your 1099-G is checked, it indicates the amounts reported in box 2 relate to a trade or business you operate.

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