Charles J. asked
Is the cost of hearing aids deductible as a medical expense on federal tax return?
September 24th, 2024
Carly C. answered
Yes, the cost of hearing aids is considered a medical deduction and can be included with other medic...
September 24th, 2024
Create an account to view answers and interact with the community!
I have a 2015 employee who left his job here and moved to Europe. Do I put his US address that he had while working here on his W2 or do I put his current European address on the W2 to submit to the IRS?
March 14th, 2023
How should I depreciate an air conditioner for a rental house? Should it be depreciated over 27.5 years as part of the house or over 5-7 years as an appliance?
January 21st, 2023
Client received a 1099-misc from a bank for $10K. They did a deed in lieu with the bank and the bank paid them the $10K for relocation/moving fees. Can you offset some of the income with the actual moving expenses incurred? If so, where would you do that? Schedule C doesn't seem right.
July 27th, 2023
I have a question about the depreciation of an air conditioning unit and other repairs for a rental house. Is the AC unit depreciated over 27.5 years if it's a separate unit, and how are other repairs such as tiles, carpet, and painting treated for depreciation?
November 25th, 2023
Hi, my wife and I are wanting to file our taxes jointly this year as married. We are common law married and reside in Texas. We satisfy the three conditions that Texas says you have to do to be considered common law married. One thing we haven't done is file papers with the county clerk's office. Does that disqualify us from being able to file as married on our taxes?
March 5th, 2024