Comments on: Tax Tips for the Unemployed

By: Melinda

Melinda — Wed, 30 Mar 2011 20:03:08 +0000

In response to David Neff,

Yes there are all kinds of deductions you can take if you itemize for having a “home office”…these would include a percentage of your utility bills like power and water, if you had a mortgage you could also deduct a percentage for the appropriate sq footage that you use for the office space, you can deduct internet charges if you use this for conducting business, paper for the printer that you use, and yes mileage to the post office to mail business mail. But you must itemize and show these deductions. I worked as an independent contractor for a photography company a few years ago and while it is a pain to keep track of this information (or in my case, do it after the fact when I found out I could deduct all this), it is well worth the headache.

By: Sandra

Sandra — Sun, 27 Mar 2011 13:58:51 +0000

Thought you could used this before you file your taxes.

By: michele rodriguez

michele rodriguez — Sat, 26 Mar 2011 23:27:22 +0000

Had to retire from part-time job to stay at home and care for my disabled husband who is not safe alone…I’m a registered nurse by profession…..would any refund be owed me under these circumstances? thank you

By: David J. Neff

David J. Neff — Sat, 26 Mar 2011 05:26:37 +0000

I am a retired 86 year old male, married and live in a non mortgage paid home. For several years I have been Secretary/Treasurer of the Bethlehem Cemetery Association. I provide the office space and perform the business transactions for the Cemetery Association. I record sale of burial lots, pay maintenance upkeep and various other business operations including banking and investing transactions. I have never taken a salary or paid for stamps, milage or any salay. Are there deductions I can include for this work on my income tax return?

By: Diane

Diane — Thu, 24 Mar 2011 02:14:23 +0000

Hello

I just completed my tax returns thru TurboTax and noticed while filing my FAFSA Forms that my $78,000 + education expenses did not popluated on line 23 of my return. Shouldn’t these expenses be deducted from total income and reflected in a reduced AIG? Please urgently advise.

Thank you

Diane