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Moving Expenses Moving expenses that qualify for a deduction are the reasonalbe cost of the moving company or Uhaul rent, costs of packing or shipping your household goods and personal property. Moving expenses also include the cost of lodging and …
Educator Expenses Educator expenses relate to teachers who can deduct and claim classroom expenses for supplies, materials, books and get a tax deduction up to $250.00 per person. Other qualifying expenses include software or other realated classroom expenses. Educator Qualifications …
Child Care Credit Child Care Dependent Care Tax Credit may be claimed on your income tax return if you pay a qualifying person or company who gives you an employer identification number or social security number. You may be able …
Retirement Savings Contribution Tax Credit The retirement savings contribution tax credit, or Savers Credit, is used by individuals who make eligible contributions to certain types of retirement plans designed as a tax savings mechanism and incentive for individuals in a …
Standard Deduction Standard Deduction is determined by your filing status and is increased for being over 65 and/or blind. Standard deduction amounts increase by approximately the cost of living each year. You take the federal tax 1040 standard deduction on page 2 …
Dental and Vision Insurance Premiums may be deducted as part of your medical expenses if you itemize deductions on your income tax return. They may be paid for your, your spouse, and your dependents, and total medical expenses must meet …
Doctors | Dentists | Eye Doctors | Therapists and other medical specialists who treat you, your spouse, and your dependents may have all their charges deducted on your income tax return that are not reimbursed by insurance if you itemize …
Health Insurance Premiums Health Insurance Premiums may be deducted on your income tax return if you itemize deductions for you, your spouse, and your dependents. They are added to the rest of your medical expenses that must meet the 7.5% of …
Medical Mileage may be deducted on your income tax return if you itemize deductions. It is included with your medical expenses that must meet the 7.5% of adjusted gross income floor. You should keep records of transportation expenses that are primarily …
Lab Tests | X-rays | Diagnostic Tests can be deducted for you, your spouse, and your dependents if you are able to itemize deductions on your income tax return. You may only deduct the amount by which your total medical care expenses for the …