• Aug, Tue, 2011
  • 2 minutes Read
Gambling Income and Losses

The following rules apply to casual gamblers. Gambling winnings are fully taxable and must be reported on your tax return. You must file Form 1040 (PDF) and include all of…

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  • Aug, Tue, 2011
  • 2 minutes Read
Unemployment Compensation

Unemployment compensation is includible in gross income. You must report unemployment compensation on line 19 of Form 1040, line 13 of Form 1040A, or line 3 of Form 1040EZ. Unemployment…

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  • Aug, Tue, 2011
  • 1 minute Read
Roth IRA Contributions

A Roth Individual Retirement Arrangement (IRA) is an account or annuity set up in the United States solely for the benefit of you or your beneficiaries. You can contribute to…

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  • Aug, Tue, 2011
  • 1 minute Read
How does a cafeteria plan work?

Employer contributions to the cafeteria plan are usually made pursuant to salary reduction agreements between the employer and the employee in which the employee agrees to contribute a portion of…

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