My neighbor said she was able to deduct the cost of building materials when she purchased her new home. She took a conservative estimate (approx 25% of the home purchase price) and deducted that on her tax form. Is this a qualified deduction? And if so, do I need to amend my 2010 filing?

November 15th, 2023

I know there is a website where I can get my W-2 for my jobs. Does anyone know the website?

February 17th, 2023

Can you write off home improvements such as new windows?

April 28th, 2024

If I make under $50,000 and received a K-1 from a company, can I still file Form 1040A, or do I need to file Form 1040 and a schedule - which one?

December 4th, 2024

If I receive $50,000 as a gift or a distribution from an estate, are there any taxes or reports I need to file?

July 4th, 2023