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  2. IRS Volunteer Income Tax Assistance Program - Wikipedia

    en.wikipedia.org/wiki/IRS_Volunteer_Income_Tax...

    Since the 1970s the program has grown to several thousand sites nationwide, partnering with non-profit organizations, local municipalities, and colleges and universities. In Tax Year 2015, 3.7 million VITA tax returns were filed with a 94% accuracy rate. VITA provides service to taxpayers making less than $58,000 per year.

  3. Supplemental Security Income - Wikipedia

    en.wikipedia.org/wiki/Supplemental_Security_Income

    For eligibility based on disability, applicants must provide evidence they meet the Social Security Administration's definition of disability. With regard to adult disability cases, the Social Security Administration (SSA) determines whether an individual has a disability that prevents working, at a substantial level, in the national economy.

  4. Substantial gainful activity - Wikipedia

    en.wikipedia.org/wiki/Substantial_gainful_activity

    SGA does not include any work a claimant does to take care of themselves, their families or home. It does not include unpaid work on hobbies, volunteer work, institutional therapy or training, attending school, clubs, social programs or similar activities: [6] however, such unpaid work may provide evidence that a claimant is capable of substantial gainful activity. [7]

  5. What Is the IRS Fresh Start Program and How Does It Work? - AOL

    www.aol.com/irs-fresh-start-program-does...

    The IRS Fresh Start tax program is a set of initiatives designed to help taxpayers, including individuals and small businesses, who are having problems and cannot pay their taxes.

  6. Federal Insurance Contributions Act - Wikipedia

    en.wikipedia.org/wiki/Federal_Insurance...

    Median household income and taxes. The Federal Insurance Contributions Act (FICA / ˈ f aɪ k ə /) is a United States federal payroll (or employment) tax payable by both employees and employers to fund Social Security and Medicare [1] —federal programs that provide benefits for retirees, people with disabilities, and children of deceased workers.

  7. This Secret IRS Loophole Helps You Reduce Your Retirement Taxes

    www.aol.com/retirement-hack-irs-loophole-reduce...

    Variable life insurance tax benefits are essentially an IRS loophole of section 7702 of the tax code. This allows you to put cash (after-tax money) into a policy that is invested in the stock ...

  8. Social Security (United States) - Wikipedia

    en.wikipedia.org/wiki/Social_Security_(United...

    The unfunded obligation is the difference between the future cost of the Social Security program (based on several demographic assumptions such as mortality, work force participation, immigration, and age expectancy) and total assets in the Trust Fund given the expected contribution rate through the current scheduled payroll tax.

  9. New retirement withdrawal rule could backfire in costly way - AOL

    www.aol.com/finance/retirement-withdrawal-rule...

    If you file a federal tax return as an individual and your combined income — your adjusted gross income, plus nontaxable interest you have earned on investments, plus one-half of your Social ...