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Can I Claim Tax Preparation Fees with my Itemized Deductions?

within the Deductions > Itemized Deductions > Miscellaneous Deductions section of our program....

Indiana Other Deductions

savings account deduction on federal Form 1040. Recovery of Deductions If you did not complete the “other income” line on the Federal 1040 then do not complete this line. Generally, Indiana does not allow you to claim itemized deductions...

Job Search Expenses and Deductions

for a job for the first time, you cannot deduct the cost of your job search expenses. You usually will claim job search expenses as a miscellaneous itemized deduction. You can deduct only the amount of your total miscellaneous deductions...

An Overview of Deductions for Gifts to Charity

the tax year, you can enter these under: Federal Section > Deductions > Enter Myself > Itemized Deductions > Gifts to Charity. Organizations that Qualify You can deduct contributions or gifts you gave to organizations that are religious...

Overview of Deductions for Taxes You Paid

during the tax year, you can enter these within your TaxSlayer account under: Federal Section>>Deductions>>Itemized Deductions>>Taxes You Paid. For more information see IRS Tax Topic 503......

Miscellaneous Deductions - What is the 2% rule?

for the most common deductions. Enter the full amount in each field. TaxSlayer will complete the Schedule A and apply the 2% rule in figuring your total for your itemized deductions. What is the 2% rule? For deductions that are subject......

Examples of deductions and credits that are available in TaxSlayer

this in our program go to Deductions > Enter Myself > Itemized Deductions > Less Common Deductions > Casualties and Losses. Elderly or Disabled Credit: You may be eligible for this tax credit if, on December 31 of last year, you or your......

Truck Driver Tax Deductions

Truck drivers can claim a variety of tax deductions while on the road. Mileage, daily meal allowances, truck repair (maintenance), overnight hotel expenses, and union dues are some of the tax deductions available. However, local truck...

What are the qualifications for "miscellaneous deductions"?

used for investments. Excess deductions (including administrative expenses) allowed a beneficiary on termination of an estate or trust. Fees to collect interest and dividends. Hobby expense, but generally not more than hobby income. Indirect...

Virginia Deductions from Income

The following entries show as deductions on your return. Please note the Code number on the item, as this will appear on your VA 760-CG under Deductions Foster Care Deduction – Code 102 Foster parents may claim a deduction of $1,000...