Nonresidents who receive stipends from a scholarship or fellowship must apply for an ITIN, if they do not have or are not eligible to obtain a SSN (see Social Security Administration website for ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Robert Kelly is managing director of XTS Energy LLC, and has more than three decades of ...

Cash gifts and income are subject to IRS reporting rules. Gifts of up to $19,000 in cash are exempt from reporting in 2025. Those who have household employees must report cash payments that exceed ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Provisional income is a calculated figure used by the Internal Revenue Service (IRS) to ...

Getting out of debt is probably the most common financial goal people set for themselves. While debt settlement companies can negotiate with your creditors, most don't work with tax debt. Tax relief ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Lea Uradu, J.D., is a Maryland state ...

Terms apply to American Express benefits and offers. Visit americanexpress.com to learn more. If you are a recent immigrant to the U.S., an international student or another noncitizen and don't have a ...

How much you owe the IRS at tax time is determined by the tax brackets you're eligible for. For tax year 2025 (filing in 2026), there are seven brackets: 10%, 12%, 22%, 24%, 32%, 35% and 37%. Each ...

Some banks let you open an account with an ITIN or passport instead of a Social Security number. Many, or all, of the products featured on this page are from our advertising partners who compensate us ...

Robin has worked as a credit cards, editor and spokesperson for over a decade. Prior to Forbes Advisor, she also covered credit cards and related content for other national web publications including ...

Vikki Velasquez is a researcher and writer who has managed, coordinated, and directed various community and nonprofit organizations. She has conducted in-depth research on social and economic issues ...

Learn how contributing after-tax funds to a Roth has advantages in retirement Andrew Martins is an award-winning journalist who has performed thousands of hours of research on small business products ...