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Cora Walker

Contributor

Cora is a Northwest-based writer and editor who wants to make information as accessible as possible in the internet age. Video games are this writer’s primary vice. With a degree from the University of Washington as well as 5+ years of experience in web writing and publishing, Cora is here to share financial tips from experts and talk about good habits.

More from Cora Walker

Gross Adjusted Income W2 Form

Adjusted Gross Income on W2: How to Calculate

Getting tax terms straight can be a dizzying exercise. Remembering the difference between your income, investment income, gross income, and your adjusted gross income is important, but it’s tricky when you only need to think about it once a year. Locating and calculating your adjusted gross income using your W2 is especially important, as that […]

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3 minute read

Tax Return Taxable Income

Taxable Income: What Is It and How Is It Determined?

Whether this tax season is your first or you’ve been doing this adulting thing for a few years, you might still have questions about your taxable income. Including what it is, and how to calculate it. Perhaps you switched from one income type to another, like from standard wages to freelancing. Maybe you were even […]

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4 minute read

health insurance for self employed workers

Health Insurance for the Self-Employed: Best Options

One of the scariest things about self-employment is trying to figure out what you will do for healthcare. Not having healthcare can result in incurring steep costs after a medical emergency. For a lot of people on lower or even middle incomes, that can mean going into debt for lifesaving treatments. But you may not […]

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4 minute read

Teen driver with friends

Best Car Insurance For Teens: A Complete Guide

Learning to drive has long been considered a rite of passage across large swathes of America. But this can be a scary time for parents. Not only does this represent a new kind of independence for your child, but it also means more risks for your family. Whatever your concerns, it makes sense to do […]

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4 minute read

TaxAct vs TurboTax: Which One Is Better?

With as much as our lives have changed over the last year, it can be difficult to remember major obligations. But driver’s licenses need to be renewed, you could receive a summons for jury duty, and tax season still comes around. This can be a stressful time, and most earners may turn to tax prep […]

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3 minute read

Whole Life vs. Term Life Insurance

Whole vs. Term Life Insurance: How To Choose

When looking at the financial needs you may have throughout your life, the subject of supporting your loved ones should the worst happen will likely come up. It’s a grim topic—and it’s natural to want to avoid talking about it. However, there are serious decisions you need to make with regard to your life insurance […]

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3 minute read

Income Tax Forms W-2 1040 W-4 Forms

W-2 vs. W-4 Tax Forms: Everything You Need to Know

Navigating taxes can be difficult no matter where you are in your career. Understanding the differences between W-2 vs. W-4 tax forms can be especially tricky. W-2, W-3, W-4, W-9—it can be hard to admit, but it’s easy for similar names to all blend together. And unless you’re a tax professional and knowing these things […]

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4 minute read

Net Investment Income Tax

Net Investment Income Tax: How It Works

First enacted in 2013 to raise revenue for the Affordable Care Act, the Net Investment Income Tax (NIIT) introduced a 3.8% tax on net income from certain investments. This tax affects estates, trusts, and individuals with Modified Adjusted Gross Income (MAGI) over a certain threshold. Meaning that if you have yearly net income from rental, […]

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3 minute read

Life Insurance Payout Taxable

Is Life Insurance Taxable? Everything You Need to Know

In the tragic event that you become the beneficiary of a life insurance policy, you may ask yourself one big question. “Is this life insurance payout taxable?” It’s natural to want to know what to expect as a beneficiary. In many cases, life insurance payouts are in the five and six-figure range. Knowing whether you […]

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4 minute read

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