Category: Below the Line Deductions
Real Property Taxes – IRS Definition Real property taxes are generally any state, local or foreign taxes on real property. Local benefits taxes are deductible if they are for repair, maintenance or for interest...
Sales Taxes Can Be Used As A Deduction As Explained By Joe Mastriano, CPA. State and local sales taxes are tax deductible for 2005 through 2009.If you decide to claim an itemized deduction for...
You may be able to deduct some of your transportation expenses. These expenses include the cost of transportation by bus, rail, taxi, air, etc. The cost of maintaining your car is included in these...
Transportation Expenses For Medical Care Can Be Deducted, Learn How. The transportation expenses necessary to your medical care can be deducted if the care qualifies as medical expenses. You May Deduct Transportation Costs You...