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Congress recently passed the American Rescue Plan Act of 2021 and President Joe Biden signed it into law on March 11. A key provision is $1,400 payments for most U.S. adults and children. Here’s how you can get your payment faster if you’re among the eligible.
Since the National Consumer Assistance Plan went into effect in 2017, public records must meet strict requirements in order to appear on consumer credit reports. Civil judgments and tax liens do not meet these new requirements, so they were removed from credit reports. At this point, the only derogatory public record that should appear on… Read More
The post What Does Having a Derogatory Public Record on My Credit Report Mean appeared first on Credit.com.
Inheriting property or other assets typically involves filing the appropriate tax forms with the IRS. Schedule K-1 (Form 1041) is used to report a beneficiaryâs share of an estate or trust, including income as well as credits, deductions and profits. … Continue reading →
The post A Guide to Schedule K-1 (Form 1041) appeared first on SmartAsset Blog.