Can each of us withdraw $10,000 from our IRAs without paying a penalty if we put the money toward paying off the second mortgage?
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My 17-year-old grandson wants to open a Roth IRA with money he has earned mowing the neighbor's grass, shoveling snow, walking the dog, etc. Because he is paid in cash, how can he prove he has legitimately earned the money?
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Withholding too much from your take-home pay may result in a nice refund, but it also means less pocket money for you. Don't withhold enough and you could face a big tax bill in April. Find out how to adjust your W-4 withholding so you're not giving Uncle Sam a big loan, and you don't have a big...
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What if you've sent in your income tax return, and you discover you made a mistake? You can make things right by filing an amended tax return. And, don't think an amended return will automatically cost you money; it's perfectly okay to change a return to capture a tax break you missed the first time...
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What do I do if I can't meet the IRS filing deadline? Find out how to file an extension on your 2007 taxes with these tips from TurboTax.
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