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I'm in the military. Do I qualify to deduct moving expenses?

If you are a member of the Armed Forces on active duty and you move because of a permanent change of station, you do not have to meet the distance and time tests. You can deduct your unreimbursed moving expenses. A permanent change

Illinois NonResident and Part Year Deductible Self-employment Tax

Use the following worksheet to determine the Illinois portion of the deductible self-employment tax: Step 1 / = Illinois portion of self-employment income Total self-employment Income reported on Federal Schedule SE Section A Illinois self

Are My Child's Summer Camp Expenses Tax Deductible?

The answer is.... maybe. Along with the lazy, hazy days of summer come some extra expenses, including summer day camp. But, the IRS has some good news for parents: those added expenses may help you qualify for a tax credit. Many parents who work or are looking for work must arrange for care of their children under 13 years of age during the school vacation. Here are five facts the IRS wants you to know about a tax credit available for child care expenses. The Child and Dependent Care Credit is available for expenses incurred during the summer and throughout the rest of the year. 1. The cost of day camp may count as an expense towards the child and dependent care credit. 2. Expenses for overnight camps do not qualify. 3. Whether your childcare provider is a sitter at your home or a daycare facility outside the home, you'll get some tax benefit if you qualify for the credit. 4. The credit can be up to 35 percent of your qualifying expenses, depending on your income. 5. You may use up to $3,000 of the unreimbursed expenses paid in a year for one qualifying individual or $6,000 for two or more qualifying individuals to figure the credit. For more information check out IRS Publication 503, Child and Dependent Care Expenses. This publication is available at http://www.irs.gov/ or by calling 800-TAX-FORM (800-829-3676). You can also review IRS Publication 503: Child and Dependent Care Expenses

Illinois NonResident and Part Year Deductible IRA Contributions

Use the following worksheet to calculate the Illinois portion of the Federal IRA Contributions deduction. Enter the amount calculated on your Illinois return. ________________________ / __________________________ = ________________________ Wages, salaries, tips, earned income received from an Illinois source Wages, salaries, tips, earned income received from all sources Illinois Income (II) decimal ________________________ X _________________________ = ________________________ II decimal (figured above) Amount of IRA Contributions deducted on Federal return, Form 1040 Line 32 Illinois portion of the IRA Contributions deduction. Enter this amount on your return. For additional information, please see the IL Nonresident Instructions .

Alabama Adjustments to Income

have begun before this date. A resident of Alabama for only a part of 2015 may deduct only those expenses paid or incurred while a resident of Alabama. Adoption agency fees are not deductible. Payments Made to Alabama PACT or College

2013 Standard Mileage Rates

cents per mile driven in service of charitable organizations. The standard mileage rate for business is based on an annual study of the fixed and variable costs of operating an automobile. The rate for medical and moving purposes is based

10 Tips to Ease Tax Time for Military

summer advanced camp – is taxable. 8. Transitioning Back to Civilian Life You may be able to deduct some costs you incur while looking for a new job. Expenses may include travel, resume preparation fees, and outplacement agency fees. Moving

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

. Moving Expenses: If you moved to a new home during the year, you may be able to deduct many of the moving costs. To be deductible, the move must meet three of the following requirements: Your move is closely related to the start of work You

Illinois NonResident and Part Year Deductible Self-employed Health Insurance

Use the worksheet below to calculate the Illinois portion of the Federal Self-Employed Health Insurance deduction. Enter the amount calculated on your Illinois Part Year or NonResident return. ________________________ / __________________________ = ________________________ Self-employment income included as Illinois Self-employment income Total Self-employment income from Federal return Illinois Self-employment (ISE) decimal ________________________ X _________________________ = ________________________ ISE decimal (figured above) Amount of Self-Employed Health Insurance deducted on Federal return, Form 1040 Line 29 Illinois portion of Self-Employed Health Insurance deduction. Enter this amount on your return. For additional information, please see the IL Nonresident instructions .

Special Tax Benefits for Armed Forces Personnel

unreimbursed moving costs if you had to move due to a permanent change of station. 5. Deductions for Uniforms - You can deduct the costs and upkeep of certain uniforms that regulations prohibit you from wearing while off duty. You must