Quick Take: What Is a Tax Transcript and Why Do You Need One? In short, a tax transcript shows basic data and line items such as adjusted gross income, AGI, or other taxable income, as well as FICA ...
Each week, in our Ask the Editor series, Joy Taylor, The Kiplinger Tax Letter Editor, answers questions on topics submitted by readers. This week, she’s looking at four questions on the meaning of ...
"Withholding." "Adjusted income." "Standard deduction." With Tax Day approaching, many new to the workforce are searching for explanations to help them make sense of all the lingo. Shannon McLay knows ...