Taxbox Refund by VACharleneEspelita

YOUR TAX QUESTIONS ANSWERED

Tax Refund, Child Tax Credit, Tax Return, Tax Deduction, etc.

BEST STOCK TIPS

Ideal Stocks to Invest Your $1,000, Best Way To Get Rich, Spending vs Investing, Smart Way to Invest, Fractional Shares, etc.

TOP SECRET BUSINESS TIPS Solving Customers' Problems, Business Name, Location, Hiring the Best Team, Emotional Intelligence, etc.

CLIENTS TESTIMONIALS

"I appreciate everything and all the encouraging words from you. You're a very good inspiration for me. And I appreciate everything from you guys"

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What's new ABOUT ADVANCE CHILD TAX CREDIT 2021? Under the rules for the child tax credit on a 2020 tax return, you do not get the CTC for a child who turned 17 before the end of 2020 so that is why you could not get the credit for your 2020 return.

You will still be able to claim your child as a dependent for 2021, but you will get the $500 credit for other dependents, not the child tax credit. If your child becomes a full-time student going forward you can continue to claim the child as a qualifying child dependent until the tax year when the child turns 24.

Under the rules for your 2021 tax return, you only get the CTC if your child is UNDER the age of 18 at the end of 2021.

You can claim a child, relative, friend, or fiancé (etc.) as a dependent on your 2020 taxes as long as they're related to you.

Who Else Wants Advance Child Tax Credit 2021 Without Stress?

When you add someone as a dependent, you'll be asked a series of questions to make sure you can claim them.

There may be other tax benefits you can get when you claim a dependent.

VISIT OUR OFFICE AND TALK TO OUR GENERATIONAL WEALTH SPECIALIST FOR MORE.

BEST STOCK TIP into a THE FOR WEEK

Best way TO GET

RICH

INVEST IN STOCKS. Your mindset should be longterm. That’s the only way to gain from the market. If you invest in alreadyestablished businesses after due diligence, your chances of making money rise dramatically. Investing in the stock market remains one of the best ways to get rich and make money.

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TOP SECRET BUSINESS TIP

Customer IS

SCAN ME

KING

Turning an average customer into a

LOYAL ONE.

Watch the video & FIND OUT HOW!

IS FMLA PAID OR UNPAID? Want To Know If FMLA is Considered Paid Family Leave?

Because FMLA is unpaid, it can't be considered paid family leave.

The FMLA is a federal law that provides jobprotected,unpaid leave from work for certain family and serious medical reasons. It applies to many employers across the country. The FMLA entitles eligible employees of covered employers to take up to 12 weeks of unpaid, job protected leave from work for certain medical and family reasons.

During leave, employers are not required to pay workers.

Now You Can Have Clear Information On FMLA(Family and Medical Leave Act)

For more, Visit our office and get to talk to our Generational wealth specialist.

They must maintain workers’ group health insurance under the same terms and conditions as if the employee had not taken leave and they are required to give employees their jobs back when they return from leave.

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BEST STOCK TIP FOR THE WEEK TO PUT YOUR

Ideal Stock $1,000 Invesco Solar ETF (NYSE: TAN)

Energy markets are going through huge transformations amid a global push towards renewable energy. Invesco Solar is one of the best solar ETFs to buy to profit from this global trend.

SCAN ME

CLIENT'S TESTIMONIAL

Celebrating the most amazing journey from one of our clients! Here's a video of us celebrating her success in beginning her new journey as a new mom and as a new businesswoman. She stepped outside her comfort zone and really pushed herself in beginning her long-awaited dream of putting up her own business. What a Success! Here in Taxbox Refund our goal is to help people reach their dream and provide the best quality of service that everyone deserves. It is something that we always look forward to and something that we will continue to do so.

Visit our office and talk to our Generational wealth specialist if you want to CHANGE YOUR LIFE for the better.

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You're not the

ONLY MARRIED PERSON

WHO WANTS TO KNOW...

Can A Married Person Claim Head Of Household Filing Status?

To qualify for the head of household filing status while married, you must be considered unmarried on the last day of the year, which means you must: File your taxes separately from your spouse. Pay more than half of the household expenses. Not have lived with your spouse for the last 6 months of the year. Here Is A Quick Way you are considered unmarried (and therefore eligible for Head of Household): 1- You won't be filing jointly with your spouse. Your spouse didn't live in your home after June (temporary absences due to illness, school, vacation, business, or military service don't count)

2- Your home was your child's, stepchild's, or foster child's main home for more than half the year (non-child dependents in your home don't qualify). 3- You paid more than half the costs of keeping up your home during the tax year. 4- You meet the qualifications to claim the child as your dependent, even if the other (noncustodial) parent is actually claiming the child as a dependent on their return. You can also be considered unmarried for Head of Household if your spouse was a nonresident alien at any time during the tax year and you're not treating them as a resident alien.

For more, Visit our office and get to talk to our Generational wealth specialist.

YOU DESERVE THE MAXIMUM REFUND SCAN ME

CLIENT'S TESTIMONIAL Sometimes you just have to go for it and take a leap of faith. Here's a video of us celebrating one of our client's success in beginning her new journey as a new businesswoman. She is a risk-taker and she's willing to do everything not just for her, but also for her family and for all women. Watch this video and find out more about Ms. Jaja and her business! Here in Taxbox Refund, our goal is to help people reach their dream and provide the best quality of service that everyone deserves. It is something that we always look forward to and something that we will continue to do so.

Visit our office and talk to our Generational wealth specialist if you want to CHANGE YOUR LIFE for the better.

BEST STOCK TIP into a THE FOR WEEK

Spending IS DIFFERENT FROM INVESTING

Investing is defined as the act of committing money or capital to an endeavor with the expectation of obtaining an additional income or profit. Unlike consuming, investing in stocks earmarks money for the future, hoping that it will grow over time.

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TOP SECRET BUSINESS TIP SCAN ME

ESCAPEPoverty Change your mindset

CHANGE YOUR LIFE. Watch the video & FIND OUT HOW!

Are you sure YOU'RE QUALIFIED? In a Child and Dependent Care Credit What's Your Best Chance To Qualified for a "Qualifying Person" is defined as the Child and Dependent Care Credit one of the following: 1- The custodial parent is the parent with A child that was age 12 (or whom the child lived for the greater younger) for at least part of 2020 number of nights in 2020. and who is also claimed as a dependent on your return. If the 2- If the child was with each parent for an child turns 13 during the year, the equal number of nights, generally the child will qualify for the part of the custodial parent is the parent with the year that they were under age 13. higher adjusted gross income. Anybody who lived in your home 3- The noncustodial parent can't treat the for at least 6 months during 2020 child as a qualifying person (and therefore, and was unable to care for cannot claim this credit). themselves.

FOR MORE INFORMATION ON QUALIFYING FOR CHILD AND DEPENDENT CARE CREDIT, VISIT OUR OFFICE TO SPEAK WITH A GENERATIONAL WEALTH SPECIALIST.

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Received a LOWER CHILD TAX CREDIT LAST YEAR! IS THAT EVEN POSSIBLE?

If your 2020 Child Tax Credit is less than your 2019 credit, it's probably because one or more children celebrated their 17th birthday in 2020. Who Else Wants To Know Why Their 2020 Child Tax Credit is smaller than last year's? One or more children lived with you for less than half the year in 2020 but lived with you for half the year (or more) in 2019. One or more children paid more than half of their own expenses in 2020, but didn't in 2019. Your 2020 AGI increased to $400,000 or more (joint filers) or $200,000 or more (all others).

TO KNOW THE QUALIFICATIONS FOR THE CHILD TAX CREDIT AND THE CREDIT FOR OTHER DEPENDENTS, VISIT OUR OFFICE TODAY TO SPEAK WITH A GENERATIONAL WEALTH SPECIALIST.

CLIENT'S TESTIMONIAL SCAN ME

"I appreciate everything and all the encouraging words from you. You're a very good inspiration for me. And I appreciate everything from you guys" Watch this video and find out more about how grateful our client is and what business she plans to start! Here in Taxbox Refund, our goal is to help people reach their dream and provide the best quality of service that everyone deserves. It is something that we always look forward to and something that we will continue to do so.

Visit our office and talk to our Generational wealth specialist if you want to CHANGE YOUR LIFE for the better.

YOU DESERVE THE MAXIMUM REFUND

TOP SECRET BUSINESS TIP

YourName SAYS ITALL Choose a SCAN ME

NAME that will guarantee you 100% SUCCESS! Watch the video & FIND OUT HOW!

BEST STOCK TIP FOR THE WEEK TO PUT YOUR

Ideal Stock $1,000 Apple Inc. (NASDAQ: AAPL)

Apple Inc. (NASDAQ: AAPL) remains one of the safest options to invest your $1000 as the company goes through major transformations to cut its reliance on iPhone and create new revenue streams like software, services, streaming, and self-driving cars. All Rights Reserved. Taxbox Refund

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Is TAX Private School TUITION DEDUCTIBLE? If your school offers child care services such as daycare before and after school for the convenience of working parents, you may be able to deduct some of the cost of that care via the Child and Dependent Care Credit.

2- If your child attends a daycare program before or after school, whether at a public or private school, you may qualify for a child care credit. 3- Some private school tuition for special needs students may be eligible for a medical deduction.

A few states allow deductions for K12 education and/or homeschooling 4- The Tax Cuts and Jobs Act now expenses. allows distributions from a 529 plan to be used for elementary or secondary 1- The cost of private school (K-12) (K-12) public, private, or religious doesn't qualify for any education school expenses. deductions or credits on your federal return.

FOR MORE INFORMATION, VISIT OUR OFFICE AND TALK TO OUR GENERATIONAL WEALTH SPECIALIST TO KNOW MORE ABOUT FREQUENTLY ASKED QUESTIONS ON 529 PLANS.

BEST STOCK TIP into a THE FOR WEEK

Smart way TO INVEST Consult your financial advisor

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TOP SECRET BUSINESS TIP

Think about this WHEN STARTING A

SCAN ME

BUSINESS

The BEST business LOCATION will guarantee your SUCCESS.

Watch the video & FIND OUT HOW!

GETTING THE CREDIT FOR OTHER DEPENDENTS

INSTEAD OF THE CHILD TAX CREDIT?

Wondering Why You Are Getting The Credit The Credit For Other Dependents Instead Of For Other Dependents Instead Of The Child The Child Tax Credit. Tax Credit? Your child is now 17 years or older. The Credit for Other Dependents is a credit that began in 2018. Your child is no longer considered a Child dependents that qualified for the qualifying child, but is considered a Child Tax Credit in prior years may no longer qualifying relative dependent. meet the Child Tax Credit requirements, but Your child has an Individual Tax may qualify for the Credit for Other Identification Number (ITIN), but doesn't Dependents. have a Social Security number. The Powerful Reasons Why You Might Get

For more, Visit our office and get to talk to our Generational wealth specialist.

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BEST STOCK TIP FOR THE WEEK TO PUT YOUR

Ideal Stock $1,000 Inuvo, Inc. (NASDAQ: PLUG)

Inuvo, Inc. (NYSE: INUV) is operating in the advertising market with its AI-based solutions to help companies place and optimize their ads products. Inuvo, Inc. (NYSE: INUV) is famous for its IntentKey solution, which uses AI to help advertisers find their most receptive audience and then target them.

CLIENT'S TESTIMONIAL

SCAN ME

"You guys helped me out a lot, We really appreciate it..." This is one heartfelt testimonial that we have received. Thank you for putting your trust in us and never giving up on your goals. At Taxbox Refund, we are committed to assisting individuals who are seeking to grow their career and their businesses. We think that assisting people in growing their career, starting new businesses, giving industry research analysis, and reaching the right audience with the correct message will make their lives better. We can certainly guarantee that everything is achievable with the right team, as long as you have courage and are dedicated to making your dreams a reality.

Visit our office and talk to our Generational wealth specialist if you want to CHANGE YOUR LIFE for the better.

YOU DESERVE THE MAXIMUM REFUND

SCAN ME

CLIENT'S TESTIMONIAL Being able to watch our clients' success is one of the most rewarding experiences we've ever had. In this video, you'll see how bright and knowledgeable she is about her chosen business. Her business is one-of-a-kind, and we feel she is destined to accomplish it not only for herself but also for the community. Watch this video and find out more about her and her business! Here in Taxbox Refund, our goal is to help people reach their dream and provide the best quality of service that everyone deserves. It is something that we always look forward to and something that we will continue to do so.

Visit our office and talk to our Generational wealth specialist if you want to CHANGE YOUR LIFE for the better.

BEST STOCK TIP into a FOR THE WEEK

time

IS (STILL) ON YOUR

SIDE

You can become an investor at any age, but every second you wait, you’re giving up your greatest asset: TIME.

By investing when you’re younger, rather than trying to sock away larger sums of money later in life, you give your money a chance to work “smarter” instead of harder. All Rights Reserved. Taxbox Refund

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How

SELFEMPLOYMENT TAX ACTUALLY WORKS? When you’re self-employed, you are paid the full amount you earn. Nothing is deducted from your check for Social Security and Medicare taxes. Instead, you make estimated tax payments during the year to pay your SE tax and your income tax. If you don’t make estimated tax payments, then you pay these taxes when you file your return. Who Else Wants To Know All About SelfEmployed And Small Business Resources: If you’re self-employed, you can claim a federal deduction for half the SE tax you pay, which can help lower your taxes. If you are self-employed or a small business owner and took sick time or family leave related to COVID-19, you may be eligible for a tax credit. Self-employed taxpayers may also be able to defer a portion of their taxes. Explore our office and get to talk to our Generational wealth specialist for more information on critical tax information, free calculators, and other valuable resources. All Rights Reserved. Taxbox Refund

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So many people want to know... CAN I CLAIM AN ADULT CHILD? Disabled Adult Not Claimed As A Deduction But Parent Claimed Head Of Household

“Disabled” for income tax purposes means that you are unable to perform substantial gainful work, and so, it does not mean the same as the word “disabled” might mean for a medical diagnosis. For example, someone who is blind or in a wheelchair might qualify as disabled by medical definition but is not disabled for tax purposes if they can perform a job of some kind. Best Chance To Be Claimed As A Disabled Adult Now we have to turn to the definition of “head of household.“ Your mother could only claim you as head of household if she also claimed you as a dependent, unless you were under age 19 and subject of a custody agreement between parents who are divorced or living separately. Using tax software, it would be impossible for your mother to e-file if she used you as a qualifying person for head of household but did not claim you

as a dependent. If she filed by mail, the IRS computers should have caught the mistake and should not have processed a refund without requesting a correction from her.

Ultimately, the situation is this. If she claimed you as a dependent and a qualifying person for head of household, you must check the box that says “yes I can be claimed as a dependent”. If you answer “no”, you will be blocked from efiling and you will have to mail your return, and the IRS will investigate both you and your mother after the busy season is over. On the other hand, if you don’t meet the qualifications to be claimed as a dependent, you are perfectly entitled to answer “no that you can’t be claimed“, in which case you may be eligible for the recovery rebate and the stimulus payments. However, your mother may need to file amended tax returns in that situation to remove you as a dependent.

Visit our office and get to talk to our Generational wealth specialist for more information.

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I'm curious if the IRS WILL DEDUCT TAXES FROM CHILD SUPPORT PAYMENTS Do You Need To Include Child Support On Your Federal Taxes? According to IRS rules, child support received doesn't count as taxable income, nor can you deduct any child support payments you make. What Everyone Ought To Know About Child Support And Federal Taxes:

Child support payments are neither deductible by the payer nor taxable to the recipient. When you calculate your gross income to see if you're required to file a tax return, don't include child support payments received. A handful of states have rules that differ from the IRS.

Visit our office to talk to our Generational wealth specialist for more information.

BEST STOCK into a TIP FOR THE WEEK

Diversify AND REDUCERISKS Diversification is considered to be the only free lunch in investing. By investing in a range of assets, you reduce the risk of one investment's performance severely hurting the return of your overall investment. You could think of it as financial jargon for "don't put all of your eggs in one basket."

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TOP SECRET BUSINESS TIP

SCAN ME

Is my team capable SUCCESS? OF BRINGING MY BUSINESS TO

YES, YES, YES, YES that is, if you have your best team with you! Watch the video & FIND OUT HOW!

Is my child

QUALIFIED FOR

EIC?

What Is A Qualifying Child For The Earned Income Credit (EIC) In 2021?

Be permanently and totally disabled or under the age of 19 as of December 31, 2020 (under 24 if a full-time student) and younger than you (or your spouse, if filing jointly).

To count as a qualifying child for EIC, your child must have a valid Social Security number (not an ITIN).

Have lived with you (or your spouse, if filing jointly) for more than half the year in the United States (unless you were in the military)

The Secrets Of The Earned Income Credit (EIC)

Not file jointly with their spouse unless they weren't required to file, but did so anyway to claim a tax refund.

Be your child (including legally adopted), stepchild, eligible foster child, sibling, half-sibling, step-sibling, or a descendant of any of them (for example, your grandchild or niece)

For more information, Visit our office to talk to our Generational wealth specialist.

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BEST STOCK TIP FOR THE WEEK TO PUT YOUR

Ideal Stock $1,000 Nokia Corporation (NYSE: NOK) Nokia Corporation (NYSE: NOK) has become a major player in the 5G space, which is set to soar in the coming years as companies all over the world expand 5G connectivity. Nokia Corporation (NYSE: NOK) was also selected by TMobile in Netherlands as a strategic partner to increase digital transformation. The company reiterated its 2021 outlook and gave a strong outlook for 2023.

SCAN ME

CLIENT'S TESTIMONIAL

"Family-oriented..." is a strong and powerful term to express who we are. Starting your new chapter will be a major step for you, and we are honored to be a part of it. We sincerely thank you for everything and for being a part of our family for the past five years. Watch this video and let's all witness the beginning of her wonderful new journey. At Taxbox Refund, we are committed to assisting individuals who are seeking to grow their career and their businesses. We think that assisting people in growing their career, starting new businesses, giving industry research analysis, and reaching the right audience with the correct message will make their lives better. We can certainly guarantee that everything is achievable with the right team, as long as you have courage and are dedicated to making your dreams a reality.

YOU DESERVE THE MAXIMUM REFUND

TOP SECRET BUSINESS TIP

this is every

SCAN ME

ENTREPRENEUR'S

BEST KEPT SECRET... A guaranteed key to success, YES! So, what should we learn next? Watch the video & FIND OUT HOW!

BEST STOCK TIP FOR THE WEEK TO PUT YOUR

Ideal Stock $1,000 Plug Power Inc. (NASDAQ: PLUG)

Plug Power Inc. is operating in the hydrogen fuel cell market, which is set to rise as the world shifts towards renewable energy sources. Plug Power’s hydrogen fuel cell systems replace conventional batteries in EVs and other products. All Rights Reserved. Taxbox Refund

YOU DESERVE THE MAXIMUM REFUND

SCAN ME

CLIENT'S TESTIMONIAL Let us all appreciate the joy of one of our clients. She finally decided to become a BUSINESS OWNER, and we couldn't be happier for her. Thank you so much for including our team in your grand journey. We wish you success and growth as we continue to progress and improve our lives. Watch the video and find out passionate she is with her new business. Here in Taxbox Refund, our goal is to help people reach their dream and provide the best quality of service that everyone deserves. It is something that we always look forward to and something that we will continue to do so.

Visit our office and talk to our Generational wealth specialist if you want to CHANGE YOUR LIFE for the better.

BEST STOCK into a TIP FOR THE WEEK

Take control OF YOUR FUTURE

Investing isn’t about getting rich. It’s about building a financial safety net for yourself. Do your homework to find the minimum deposit requirements and then compare the commissions to other brokers. Rather than spending it, or worse, not knowing where your money is going, by investing, you’re giving your dollars a “job” to do— make you wealthier over time.

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My family was

ISOLATED FOR 14 DAYS DUE TO CORONA VIRUS DISEASE... DO I QUALIFY FOR

SICK PAY OR PAID FAMILY LEAVE?

Wondering If I Sick Pay Is The Same Thing As Paid Family Leave? Paid Family Leave (PFL) income is money you receive from your employer, an insurer, or the government while you are away from work for an extended period of time so you can recover from a serious health issue, take care of a seriously ill family member, or bond with your newborn or newly adopted child. Here Is A Quick Way To Differentiate Between Sick Pay And Paid Family Leave: Sick pay is usually reserved for short, health-related absences, for example a cold or flu, staying home to care for a child who is normally in school, or recovering from minor outpatient or dental procedures. Paid Family Leave, on the other hand, relates to a paid absence from work for an extended period of time, for a qualifying reason. However, third-party sick pay differs from regular sick pay in that it is paid by somebody other than the employer (usually an insurance company that specializes in this kind of coverage for employers). Visit our office to talk to our Generational wealth specialist for detailed information.

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Is it possible to count all dependents for the EARNED INCOME CREDIT,

OR ONLY QUALIFYING CHILDREN?

Only a "Qualifying Child" dependent qualifies you for the Earned Income Credit and Child Tax Credit and Head of Household filing status. Although a domestic partner's child might qualify as your "other dependent", for the $500 other dependent credit, they cannot qualify you for EIC, CTC, or HoH, because they are not related.

1. The support test is different for each type. The support test, for a QC, is only that the child didn't provide more than half his own support. The support test for a Qualifying Relative is that the taxpayer provided more than half the relative's support.

There are two types of dependents, "Qualifying Children"(QC) and standard/other ("Qualifying Relative" in IRS parlance even though they don't have to actually be related).

1. .A child closely related to a taxpayer can be a “Qualifying Child (QC)” dependent, regardless of the child's income, if: He is under age 19, or under 24 if a full time student for at least 5 months of the year, or is totally & permanently disabled He did not provide more than 1/2 his own support He lived with the relative (including temporary absences) for more than half the year He is younger than the relative (not applicable for a disabled child)

There is no income limit for a QC but there is an age limit, student status, a relationship test and residence test. Only a QC qualifies a taxpayer for the Earned Income Credit and the Child Tax Credit. They are interrelated but the rules are different for each.

If the parents of a child can claim the child as a qualifying child but no parent so claims the child, no one else can claim the child as a qualifying child unless that person's adjusted gross income (AGI) is higher than the highest AGI of any of the child's parents who can claim the child.

How To Qualify For Earned Income Credit Without Hassles

YOU DESERVE THE MAXIMUM REFUND

Do medicare premiums for the SELF-EMPLOYED

ALLOWABLE DEDUCTION?

Medicare premiums are an allowable deduction if you're selfemployed, and there are two ways to do this. The first is with the self-employed health insurance deduction. When you enter the expenses related to your self-employment, enter your Medicare premiums in the Less Common Expenses section (not the SSA-1099 section). This deduction will show up on Schedule 1, line 16. What's Your Best Chance To Qualify For Medicare Premiums As A SelfEmployed

Also, if you (or your spouse if filing jointly) was eligible to participate in an employer's health plan during any given month – even if you declined the coverage – the premium you paid for that month cannot be claimed under this deduction. And that brings us to the second option. If you're unable to take the self-employed health insurance deduction for the reasons mentioned above, you may be able to deduct your Medicare premiums as a regular medical expense if you itemize

To qualify, your Schedule C must show a net profit; this deduction isn't available if it shows a net loss.

Please Visit our office and get to talk to our Generational wealth specialist for more information. TO PUT YOUR

BEST STOCK into a TIP FOR THE WEEK

Ideal Stock $1,000 Advanced Micro Devices, Inc. (NASDAQ: AMD) Advanced Micro Devices, Inc. (NASDAQ: AMD) has surprised the semiconductor markets with its swift growth and how it became a formidable competitor of Intel, even beating the latter in several areas.

YOU DESERVE THE MAXIMUM REFUND

TOP SECRET BUSINESS TIP

How building your own BUSINESS CAN CHANGE YOUR

SCAN ME

LIFE?

Taking your first step in business means setting your own road to success. Watch the video & FIND OUT HOW!

Understand

WHERE YOU CAN SAVE MONEY AND

GROW YOUR PROFITS

What Self-Employed Expenses Can I Deduct? If it's directly related to the work you do, you can deduct it as an expense. Work-related expenses reduce your taxes by lowering the amount of self-employment income you get taxed on. If you made $50,000 in self-employment income and had $5,000 out-of-pocket expenses, you'd only get taxed on $45,000. Little Known Expenses Most Self-Employed Taxpayers Will Want To Review:

Communication costs, for example mobile phones, data plans, internet or wireless services, land or fax lines, long-distance charges, voicemail or answering services, call waiting, etc. If also used for personal reasons (for example, internet service), then only the proportion used in business is allowed as an expense Office supplies (paper, toner, writing instruments, etc.), software, stamps, envelopes, shipping materials, cleaning supplies. Any licenses or permits that are required for your profession. Fees and membership dues you paid to professional associations or unions. Continuing education or certification related to your work

YOU DESERVE THE MAXIMUM REFUND

BEST STOCK TIP FOR THE WEEK TO PUT YOUR

Ideal Stock $1,000 American Battery Metals Corporation (OTC: ABML)

American Battery Metals is a cheap stock to profit from the battery boom that is brought about by the EV and energy revolution in the world. The Nevada-based company mines materials used in batteries, including lithium. IEA expects that the demand for lithium is expected to grow by a factor of 30 by 2030.

SCAN ME

CLIENT'S FREE TRIP TO...

When our clients decide to take a step toward realizing their goals, we make sure they have the best experience possible. As a way of saying thank you, we've picked a few clients to get a free trip to beautiful places. Our clients deserve a break from everything! This is one of our lucky clients who won a free trip to… Watch the video to find out where her free vacation is! At Taxbox Refund, we are committed to assisting individuals who are seeking to grow their career and their businesses. We think that assisting people in growing their career, starting new businesses, giving industry research analysis, and reaching the right audience with the correct message will make their lives better. We can certainly guarantee that everything is achievable with the right team, as long as you have courage and are dedicated to making your dreams a reality.

YOU DESERVE THE MAXIMUM REFUND

TOP SECRET BUSINESS TIP

the important SKILL

SCAN ME

EVERY LEADER SHOULD HAVE Achieve the number one priority of every business owner: Customer and Client Satisfaction Watch the video & FIND OUT HOW!

BEST STOCK TIP FOR THE WEEK TO PUT YOUR

Ideal Stock $1,000 Arena Pharmaceuticals, Inc. (NASDAQ: ARNA)

California-based Arena Pharmaceuticals, Inc. (NASDAQ: ARNA) is a small molecule drugs company. The FDA recently granted Orphan Drug Designation status to the company’s etrasimod, a treatment of eosinophilic esophagitis (EoE), a chronic, allergic inflammatory disease of the esophagus. All Rights Reserved. Taxbox Refund

YOU DESERVE THE MAXIMUM REFUND SCAN ME

CLIENT'S FREE TRIP TO... When our clients decide to take a step toward realizing their goals, we make sure they have the best experience possible. As a way of saying thank you, we've picked a few clients to get a free trip to beautiful places. Our clients deserve a break from everything! This is one of our lucky clients who won a free trip to… Watch the video to find out where her free vacation is! At Taxbox Refund, we are committed to assisting individuals who are seeking to grow their career and their businesses. We think that assisting people in growing their career, starting new businesses, giving industry research analysis, and reaching the right audience with the correct message will make their lives better. We can certainly guarantee that everything is achievable with the right team, as long as you have courage and are dedicated to making your dreams a reality.

Visit our office and talk to our Generational wealth specialist if you want to CHANGE YOUR LIFE for the better.

BEST STOCK into a TIP FOR THE WEEK

TO PUT YOUR

Ideal Stock $1,000 Pinterest (NYSE: PINS)

Ultimately, Pinterest is still in the early stages of monetizing its platform. With the company offering sustainable double-digit growth and recurring profitability, it's a nobrainer way to invest $1,000 right now. All Rights Reserved. Taxbox Refund

Not sure why

YOU DESERVE THE MAXIMUM REFUND

YOU CAN'T CLAIM

COLLEGE EXPENSES?

Colleges work in academic years, while the IRS works in calendar years. So the reality is, it takes you 5 calendar years to get that 4 year degree. Scholarships and grants are claimed/reported as taxable income (initially) in the year they are received. Tuition and other qualified education expenses are reported/claimed in the tax year they are paid. It does not matter what year they pay for. To The Student Who Wants To Claim College Expenses Someday: Understand that figuring out who claims the student as a dependent, and determining who claims the education expenses & credits, are two different determinations. If the amount of scholarships/grants exceeds the amount of qualified education expenses, the parent will know this when reporting the education on their tax return, because the parent will not qualify for any of the tax credits. Also, the parent’s will not qualify for the credits depending on their MAGI which is different for each credit, and depends on the marital status of the parent or parents. In the case where scholarships/grants covers “all” qualified education expenses, the parent’s don’t need to report educational information on their dependent student at all – but they still claim the student as a dependent if they “qualify” to claim the student. Finally, if "all" qualified expenses are covered by scholarships, grants, 1099-Q funds and there is ANY of those funds left over, the left over excess is taxable. While the parent can still claim the student as a dependent, it is the student who will report all the education stuff on the student's tax return. For more clarification, Visit our office and get to talk to our Generational wealth specialist. All Rights Reserved. Taxbox Refund

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Which Tax Breaks Can Help With Education Costs?

There are specific credits and deductions available to help with the cost of education. Most education tax credits are taken by parents. If you’re a student, you must pay your own college expenses, file your own return, and not be dependent on anyone else’s return, in order to claim these tax breaks. Here’s how you can help with the cost of education on your taxes. Who Else Wants Tax Breaks That Can Help With Education Costs 1. The American Opportunity Tax Credit For undergraduates, the American Opportunity Tax Credit gives up to $2,500 in tax credit per student.

The American Opportunity Tax Credit For undergraduates, the American Opportunity Tax Credit gives up to $2,500 in tax credit per student. The Lifetime Learning Credit If you’re a graduate student, or are taking post-secondary courses but not pursuing a degree, the Lifetime Learning Credit can give you up to $2,000 in tax credit. It allows you to claim up to 20% of your out-of-pocket college expenses, even if you only took one class this year. The Student Loan Interest Deduction Both parents and students can deduct up to $2,500 of interest on student loans with the Student Loan Interest Deduction. Your Form 1098-E reports the amount of interest you paid last year if it was more than $600.

THERE ARE FILING STATUS RESTRICTIONS AND INCOME LIMITS FOR TAKING THE DEDUCTION. JUST ENTER THE INFO FROM YOUR 1098-E AND WE’LL DETERMINE HOW MUCH YOU’RE ELIGIBLE TO DEDUCT.

FOR MORE, VISIT OUR OFFICE AND GET TO TALK TO OUR GENERATIONAL WEALTH SPECIALIST.

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Is a new dependent

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MY TAXES?

Families grow and change all the time. Now that you have a new dependent, you may be able to save more on your taxes as a family.

Now You Can Have This Great Information On How A New Dependent Affects Your Taxes. You can claim a child born anytime in 2020 on your 2020 taxes. You can claim adult dependents you support financially, even if they don’t live with you.

You can claim certain credits, there are many credits available to help families with dependents. The Child Tax Credit and Credit for Other Dependents, can help with your children and relatives.

While there are qualifications for who you can claim as a dependent, we’ll help figure that out and make sure you get all of the advantages you deserve.

For more, Visit our office and get to talk to our Generational wealth specialist.

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Celebrating the most amazing journey from one of our clients! Here's a video of us celebrating her success in beginning her new journey in joining our Business Mentorship Program Cheers to Another Successful Journey Ahead! Here in Taxbox Refund our goal is to help people reach their dream and provide the best quality of service that everyone deserves. It is something that we always look forward to and something that we will continue to do so.