A Kiplinger article, “The 13 Most Overlooked Tax Deductions,” gives a list of 13 deductions that we usually forget when filling our tax returns. Among The Unlucky 13 items, I found No. 12, Reinvested dividends, is one that I never heard of. I sold some mutual funds in the past and simply used the difference [...]Read more
Yesterday an email from TreasuryDirect arrived, informing me that the 1099 form for 2006 is available online. 2006 was the first year that our investments in Treasury bills were subject to federal income taxes. We have been buying I and EE bonds for several years, but they are exempted from both federal and state income [...]Read more
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