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2. How to write a letter of explanation for a mortgage - AOL

   www.aol.com/finance/write-letter-explanation...

   When you apply for a mortgage, you’ll need to hand over plenty of documentation: your bank statements, tax returns, pay stubs, details on your debts, to name just a few. Depending on your ...

3. Adjusted gross income - Wikipedia

   en.wikipedia.org/wiki/Adjusted_gross_income

   Adjusted gross income is gross income less deductions from a business or rental activity and 21 other specific items. Several deductions ( e.g. medical expenses and miscellaneous itemized deductions) are limited based on a percentage of AGI. Certain phase outs, including those of lower tax rates and itemized deductions, are based on levels of AGI.

4. ‘IRS’s most wanted’: Middle-class earners remain the most ...

   www.aol.com/finance/irs-most-wanted-middle-class...

   They’ll want to find out whether you reported all of your income and take a closer look at your deductions to make sure they’re justified. (Work clothing, for example, is not an allowable ...

5. Pooled income fund - Wikipedia

   en.wikipedia.org/wiki/Pooled_income_fund

   e. The Pooled Income Fund (PIF) is a type of charitable mutual fund or charitable trust [1] that pools the securities or cash separately donated by an individual, a family or a corporation to a charity, which is then invested to provide dividends for both the donor's beneficiary and charity. The donations are irrevocable and tax-deductible and ...

6. Understanding Pre- and Post-Tax Deductions on Your Paycheck - AOL

   www.aol.com/understanding-pre-post-tax...

   Post-tax deductions, on the other hand, are payroll deductions taken from an employee’s check after taxes have already been withheld. Post-tax deductions do not reduce your tax liability.

7. No-doc mortgage: What is it and can you still get one? - AOL

   www.aol.com/finance/no-doc-mortgage-still-one...

   A no-doc mortgage offers a way to get a home loan without some of the income and employment verification paperwork lenders traditionally require, like W-2s and pay stubs. Post Great Recession, no ...