Cathy Marshall
Can I take losses on my stocks and use the standard deduction?
By Karin Price Mueller | NJMoneyHelp.com for NJ.com Q. If you elect to take the standard deduction for the 2020 tax year, can you still...
Cathy Marshall
How can I get back a penalty taken for 401(k) withdrawal?
By Karin Price Mueller | NJMoneyHelp.com for NJ.com Q. I took a 401(k) distribution in April 2020 due to being laid off. At the time the...
Cathy Marshall
Do I have to eventually draw down my IRA account to zero?
By Karin Price Mueller | NJMoneyHelp.com for NJ.com Q. This past November I celebrated my 91st birthday. I take yearly IRA withdrawals....
Cathy Marshall
What happens to tax credits now that our home is in a trust?
By Karin Price Mueller | NJMoneyHelp.com for NJ.com Q. My wife and I are in our mid-80s. We live on a modest pension and social security...
Cathy Marshall
Some N.J. workers say they are wrongly being taxed at the millionaire rate
By Karin Price Mueller | NJMoneyHelp.com for NJ.com Earlier this fall, Gov. Phil Murphy signed into law the millionaires tax, which...
Cathy Marshall
Our primary home became a rental. What taxes will we owe when we sell?
By Karin Price Mueller | NJMoneyHelp.com for NJ.com Q. We moved to California in 2012 and rented out our New Jersey home so we don’t...
