At a Glance: Apple Cash is a feature of Apple Wallet that enables users to transfer money to others with Apple Wallet. Recipients can spend the money with Apple Pay, transfer it to another person, or withdraw it to their bank account. To transfer funds to a bank account, link the account to Apple Wa…
At a Glance Xbox Live is a popular gaming network for Xbox consoles, providing multiplayer access and exclusive features. Xbox Live Gold is the paid subscription offering benefits like multiplayer access, free games, and exclusive deals. To cancel Xbox Live Gold, users can do so online through the M…
At a Glance Self-employment income is reported using tax forms such as Form 1040 and Schedule C. Freelancers receive Form 1099-NEC for payments over $600. Cash income, even without a 1099 form, should be reported. Claiming business write-offs can legally lower taxable income, reducing the overall ta…
At a Glance Discovery Plus is a streaming service offered by Discovery Inc., providing access to shows from various Discovery channels. To cancel Discovery Plus, follow specific instructions based on your device. Cancellation does not incur fees or refunds, and access continues until the end of the …
At a Glance A teenager is generally considered a dependent on their parents’ tax return. Filing separate taxes is not required until the age of 19 if education has been completed; until age 24 if education continues. Self-dependent teenagers can choose to file their own taxes as single individ…
Given how complex and challenging it is to file your taxes and how easy it is to make errors, you might have to write an explanation letter to the IRS explaining your mistake and asking them to forgive you for your mistakes. An explanation letter is not just any letter. If executed poorly, you could…
At a Glance Individuals have five tax filing statuses, including single and married filing jointly. Getting married changes your filing status; you must file as married if legally married by the last day of the tax year. Filing as single is for the unmarried or legally separated. Filing jointly comb…
At a Glance: Venmo is a mobile payment service used for small transactions between individuals and businesses. Unfortunately, Venmo payments cannot be canceled once made. However, if you sent money to the wrong person or made a duplicate payment, you can request a refund or contact Venmo Support for…
At a Glance YouTube Premium offers ad-free viewing, offline video downloads, background play, and access to YouTube Music Premium. Exclusive content called YouTube Originals is also included in the Premium package. To cancel, follow specific steps on the web, mobile devices, or the iOS App Store, de…
At a Glance A Social Security number (SSN) is a nine-digit identifier issued by the U.S. government to citizens and residents. SSNs help track income and determine benefits, being required for various purposes like employment, banking, and credit applications. Initially created for retirement and di…