Answer: You should make a savings plan for all of your major expenses, such as retirement, education, and homeownership. You should also make a savings…
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Why might preparing taxes be different for people living in different states?
Answer: Tax laws vary from state to state. This means that the way you prepare your taxes may be different depending on where you live….
Why do some people wear their clothes inside out on Halloween?
Answer: There are a few reasons why some people wear their clothes inside out on Halloween. One reason is that it is a way to…
How does the covenant influence daily life for Jewish people?
Answer: The covenant influences Jewish life in many ways, both big and small. For example, the covenant requires Jews to keep Shabbat (the Sabbath), which…
Why is it necessary to have a W-2 or 1099 form when using tax preparation software?
Answer: To prove your income and expenses When you use tax preparation software, you need to enter your income and expenses from the previous year….
Which of the following is not a possible tax or deduction that could be withdrawn from your paycheck?
Answer: Retirement savingsRetirement savings is not a tax or deduction that can be withdrawn from your paycheck. However, you can contribute to a retirement savings…