Income Tax Deductions,
What Expenses Are Deductible?
Trying to determine your income tax deductions at tax time can leave you full of questions about what kinds of expenses
While doing bookkeeping, and using income tax software, it is a really good idea to already know what these deductions are before tax time so that your
chart of accounts
can be set-up accordingly.
The income tax forms and tax deduction lists you find here will help answer your questions about deductible expenses.
I have included tax deduction lists for *
day care providers,
If you need help with an occupation other than those listed here, please feel free to
with your requests.
Airline Personnel Deductions
Airline personnel are able to deduct uniforms, professional fees, mileage, equipment expenses, and more.
Business Professionals Deductions
Business Professionals are able to deduct professional fees, telephone expenses, equipment purchases and many other miscellaneous expenses.
Day Care Provider Deductions
Day Care Providers are able to deduct ordinary supplies, vehicle & travel, major purchases, business use of home and more.
Direct Seller Deductions
Direct Sellers are able to deduct inventory, sales expenses, professional fees, telephone expenses, equipment purchases, and more.
Educators are able to deduct classroom aid expenses, professional fees, telephone, equipment, uniform, and other miscellaneous income tax deductions.
Since my husband is a firefighter, I tend to get a lot of requests for lists of firefighter deductions! :)
Firefighters are able to deduct many different things including uniforms, professional fees, continuing education expenses, equipment, meals and more.
Hairstylist and Manicurists are able to deduct professional fees, telephone expenses, equipment & supplies, as well as other miscellaneous expenses.
Law Enforcement Deductions
Law Enforcement are able to deduct uniforms, professional fees, insurance, equipment & supplies, telephone, travel expenses and more.
Long Haul Trucker Deductions
Long Haul Truckers and Overnight Drivers are able to deduct out of town travel expenses, owner operator truck expenses, dues & fees, supplies, and other miscellaneous expenses.
Realtors are able to deduct sales expenses, professional fees, telephone, equipment purchases, travel expenses and more.
Vehicle, Travel & Entertainment Expenses
Many different professions can deduct vehicle mileage, travel and entertainment expenses.
This is a very useful tool for helping to keep track of important information needed in order to claim these deductions.
Please come back soon to see if there are any new bookkeeping forms and tax deduction lists, or sign up for my
to stay up-to-date with new bookkeeping articles as they become available as well as get tips and advice from myself and other bookkeeping basics visitors.
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What Other Visitors Have Said
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Deduction Not rated yet
We had the foundation sink on our house. The concrete slab sank 4-1/2 inches which left moisture in the house. Our house was filled with mold and had …
Fees on Airline and Phone Bills Not rated yet
Can the fees included on the tax for airline tickets, car rentals, and phone bill be included as itemized deductions.
Yes, typically the fees included …
Dental Work Deductable Not rated yet
Are dental bills deductable for married filing jointly on federal returns?
Thank you for your question regarding whether or not dental work is deductable. …
Federal Income Tax Deductions Not rated yet
My son gifted us $5000.00 in 2011, as we are unemployed and need help with bills. Is he able to deduct from his federal income tax return. We live in …
Fire/EMT Income Tax Deductions Not rated yet
Where am I listing my deductions for meals/house dues, and also for cellular phone expenses, on my tax forms? Thanks.
You would list your meals/house …
Deductions Not rated yet
I am living with my partner in pennsylvania, I am not working and she totally supports in everyway thinkable. She is head of the household. Can she claim …
Can You Deduct Bankrupt Airline Tickets? Not rated yet
If you've purchased airline tickets and the airline goes bankrupt and the tickets become worthless and no airline will honor, can you deduct the loss of …
Percent of Deduction for Hiring Vehicle. Not rated yet
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Can I deduct airline taxes? Not rated yet
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Motorhome Load Interest Deduction Not rated yet
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Deduction of Temporary Living Expenses Not rated yet
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Tax Deduction For Airline Tickets Not rated yet
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Personal Income Tax Dependent Deduction Not rated yet
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Training Deductions Not rated yet
I am trying to become a Tour Director. As such I plan on taking a 2 week training course away from home. I was wondering what all can be deducted.
Where Can I Deduct My Tools? Not rated yet
I am in a partnership and received my K-1. I was told I can deduct the tools (about $33,000 worth) I put into the partnership on my personal taxes. Where …
Deductions for Self-Employed People. Not rated yet
I just started working as a massage therapist. I work in a spa but not as an employee. I pay rent on a room there. My question is if I need to have …
Dental Deductions Not rated yet
Are dental payments deductible?
Dental payments are deductible as a Schedule A itemized deduction on your personal income tax return subject to a …
Can I Deduct Any of This Not rated yet
My Arizona home was built in 1951. I had a terrible smell coming from the garbage disposal for quite a long time. Since the home is so old I figured it …
Deductions Not rated yet
I did not claim my oldest son last year because he made money on his own. This year he doesn't have a job. He is going to college and is 24 yr old. …
DEDUCTIONS Not rated yet
IF DEDUCTIONS UNDER SEC 80C have not been claimed before the deduction of income tax, can he clain the deductions along with the filling of return after …
Deduction of Mediclaim Policy Not rated yet
Our employer extends the facility of Mediclaim Policy for retired employee . 80% premium is paid by retiree and balance by the employer. Employee pay …
Deductions Not rated yet
I am a permanent resident of Arizona but had to go into New Mexico to find work. I am trying to find something back in AZ. Can I deduct the hotel, meals …
Medical expensed Not rated yet
How much per km for medical travel in nb and how much per meal per person for medical travel?
The travel and meal allowances are different …
Realtor Not rated yet
Can I deduct the course fees for my realtors license in Alberta?
Yes, as a Realtor you should be able to deduct your realtors licesnse fees under taxes …
529 Contribution, State Deduction Question Not rated yet
I live in Maine. For 529 contributions in 2010, do I count only those paid from my bank account, or can I also include those contributed to my dependent's …
Deductions Not rated yet
Can you deduct health care expenses for an elderly parent (home health care CNA, or Day Care for Adults) if you pay out of pocket. Medicare does not cover …
Health Care Premium Deduction Not rated yet
We started a small bussiness when we retired and receive 1099 forms. Our pension plan pays for half our health care benefits. May we deduct the other half …
Paid Time Off Charity Deduction Not rated yet
I work for a not-for profit hospital and we get Paid Time Off hours to use for vacations or sick time off. The hospitals aslo allows use to donate our …
W2(12a-12d Codes) Not rated yet
On my w2. 12a code is marked W 1200.00. I am not sure this is correct. I always thought the W is if the employer was contributing and the R was if the …
Medical Expense Deductions Not rated yet
Is private-pay in-home care for the elderly deductible? It isn't personal care; just companionship.
Deductions/Expenses Not rated yet
Are you required or entitled to report deductions/expenses on your schedule C
Bond Money Paid Allowed For Deduction Not rated yet
I am working in a software company ,not as a salaried employee but as a consultant. I am receiving fees from the company and company is deducting TDS @10% …
Medical Deductions Not rated yet
If medical expense is paid with a credit card does it have to be paid off before 1-1-10 in order to claim it for 2010 deduction ?
Charity Deductions Not rated yet
My mom made a $600 donation to a Catholic charity. Technically she did receive something in return, prayers being said for a loved one. With this 'something …
Mortgage Interest Deduction Not rated yet
Can I claim the mortgage interest deduction on my tax return when I am on title but not on the bank loan?
I receive the income and claim the expenses …
Mileage Deduction Not rated yet
Every day I go to the office and then the office assigns me a job to go to. Is the mileage I drive after leaving the office deductable?
Hi Chris, …
Airline Taxes Deductible Not rated yet
Are the taxes that you pay for an airline ticket tax deductible under misc. taxes?
If the airline ticket was for business travel, then …
Deductions as a Realtor Not rated yet
Can I claim/write off dental costs?
Can I claim/write off dry cleaning?
Can I claim/write off costs associated with the ownership of my cottage …
Click here to write your own.
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