Comments on: What Are Job-Related Tax Deductions?

By: jewellamarie

jewellamarie — Sat, 13 Apr 2013 03:03:44 +0000

My husband have back child support if we filed jointly and I have a refund will the state automatically apply my refund to my husbands back child support?

By: ameer ghannie

ameer ghannie — Sat, 16 Feb 2013 18:57:09 +0000

is travel expence deductible public transpor 350.00 per month

By: Liz

Liz — Mon, 28 Jan 2013 07:31:37 +0000

Hi Lisa,

I work from home and everything in my home office has been supplied my me, is there a cap on how much i canclaim? also, if I have lost receipts, what can do?

Thanks!

By: meredith10

meredith10 — Fri, 25 Jan 2013 14:28:08 +0000

I live in an apartment and have a 2 bedroom unit to use the second bedroom as my home office. I work exclusively from home and my company is not reimbursing me for this. Would I claim the difference in rent between a 1 bedroom and 2 bedroom as my deduction? Thanks!

By: Tony

Tony — Fri, 25 Jan 2013 02:03:08 +0000

This past year my business partner and I took out a life insurance policy on each other. This is to enable the survivor to effectively buy out the opposing partners shares if ever invoked. This is paid 100% out of personal pocket not by the inc. Is any of the annual fee for the policy personal deductible due its business relevance?

By: TurboTaxLisa

TurboTaxLisa — Tue, 22 Jan 2013 18:42:05 +0000

Hi Bob,
Unfortunately there is not a tax break for your specific case. There are 350 tax deductions and credits so make sure you file your taxes. You may be eligible for some of these tax breaks.
http://turbotax.intuit.com/

Thank you,
Lisa Greene-Lewis

By: bob

bob — Sun, 20 Jan 2013 15:32:34 +0000

HI KIM. MY QUESTION IS.CAN I CLAIM LOSE OF REVENUE OR ANY OTHER DEDUCTIONS . IF I WORK OVER 40 HOURS A WEEK AND MY COMPANY IS ALLOWED TO EXEMPT ME FROM OVER TIME PAY AFTER 40 HOURS DUE TO A INTERSTATE FEDERAL LAW.EVEN THOUGH MY WORK CONSISTS OF OTHER JOBS NOT ASSOCIATED TO THAT LAW.AND THEY GET AWAY WITHOUT PAYING OVERTIME.

By: TurboTaxLisa

TurboTaxLisa — Mon, 11 Jun 2012 21:09:11 +0000

Hi Tom,
Yes, you may be able to claim it as long as the mileage is directly related to your sales business, like meeting with your clients and as long it is not mileage to go to a regular place of business, which it sounds like your regular place of business may be your home. TurboTax will guide you through claiming your mileage.
Thank you,
Lisa Greene-Lewis

By: Tom T

Tom T — Thu, 07 Jun 2012 09:50:01 +0000

Is it true that you can claim round trip miles for running a sales rt if you use a computer and phone at home before and after your work day? Thanks, Tom

By: TurboTaxLisa

TurboTaxLisa — Sat, 14 Apr 2012 21:47:59 +0000

Hi Kim,
A taxpayer cannot claim their spouse as a dependent, however if you file married filing jointly, he will still get an exemption of $3,700 on the tax return for you, which is the same amount as the dependent exemption.

Thank you,
Lisa Greene-Lewis

By: Kim Goins

Kim Goins — Thu, 12 Apr 2012 16:12:12 +0000

Dependent exemption question. I have not worked for 2 yrs and we are married. My husband files as married filing jointly. We were advised he could not claim me(his wife) as a dependent as he pays for our house we are paying for, the car we are paying for as well as all other expenses. I don’t make any income as we only have one vehicle so it’s impossible for me to get a job. We live in North Carolina. Could you please help in this information. Thank you, Kim