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Georgia Disabled Person Home Purchase or Retrofit Credit

Georgia provides a disabled person credit equal to the lesser of $500 per residence or the taxpayer's income tax liability for the purchase of a new single-family home that contains all the accessibility features listed below. It also...

Do I qualify for either the Maximum Exclusion or the Reduced Maximum Exclusion for the sale of my home?

When you sell your home, many times you can exclude up to $250,000 ($500,000 if married filing jointly) of the profit that you make from the sale. There are 2 exclusions that you may qualify for: the Maximum Exclusion or Reduced Maximum...

What is the difference between "Direct Expenses" and "Indirect Expenses"?

There are 2 types of expenses that you can deduct related your home office/business: Direct Expenses and Indirect Expenses. Direct Expenses: Direct expenses are those expenses that are paid only for the business part of your home...

Schedule C - Address

address. If you have an office outside of your home where you conduct the daily operations of your business, please enter that address. Please use the physical address of the business; do not enter a P.O. Box number....

Indiana Homeowner's Residential Property Tax Deduction

home and where you intend to return after being absent. Note: Property tax paid for summer homes or vacation homes is not deductible. IMPORTANT : You cannot claim this deduction for property tax paid in 2014 if you are claiming the Lake County...

Please explain all of the deductions and credits that are available related to my job.

meet the distance test You meet the time test For more information, please review Form 3903 . Business Use of Home: If you used part of your home for business purposes (as an office or for daycare), you may be entitled to a deduction...

Utah Nonapportionable Nonrefundable Credits

At-Home Parent Tax Credit An at-home parent may claim a nonrefundable credit of $100 for each child who is not more than 12 months old on the last day of the taxable year for which the credit is claimed. For purposes of this credit...

How do I add a miscellaneous deduction that is not in TaxSlayer's list?

as an employee Clerical help and office rent in caring for investments. Depreciation on home computers used for investments. Excess deductions (including administrative expenses) allowed a beneficiary on termination of an estate or trust. Fees......

What are the qualifications for "miscellaneous deductions"?

will be subject to the 2% rule*. For more information on the 2% rule, click here . Examples: Appraisal fees for a casualty loss or charitable contribution. Clerical help and office rent in caring for investments. Depreciation on home computers...

New Jersey Military Filing Information

Residents A member of the Armed Forces whose home of record (domicile) is New Jersey when entering the service remains a resident of New Jersey for income tax purposes, and must file a resident return even if assigned to duty in another...