A client drives an 18-wheeler for a company and travels throughout the USA, receiving a 1099 for 2022. Since he doesn't own the truck, he cannot claim mileage. What standard IRS deduction can he claim for food and lodging expenses?

March 21st, 2024

If a deceased parent's parental rights have been terminated, can the child still receive survivor's benefits?

December 6th, 2024

As an S corporation member with 100% interest and self-employed income, who has health insurance under Obamacare and received a 1095A, am I eligible to claim health insurance premiums paid as an adjustment before taxable income? If yes, what amount should I claim as a deduction?

June 29th, 2023

As an H1B visa holder with SSN, I am helping a Dutch company owned by a friend rent an apartment in Chicago by paying the rent monthly and receiving the same amount from the company's bank account. Will I have to pay tax on this money, and should I mention this on my tax return?

June 14th, 2023

I'm trying to fill out a new W-4 since I got married in September. We are planning to file taxes next year married jointly. I'm confused about how to handle the part about multiple jobs (step 4) worksheet since each of us has one job. Additionally, I'm under workers compensation income and my husband just started his job in September 2023. Should he include my workers compensation income in his W-4 calculations? Also, how should I include my mortgage in my W-4, and do we need to complete the worksheet for step 3 and 4 if we don't have dependents?

December 25th, 2024