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2. 15 Self-Employment Tax Deductions You Should Know - AOL

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   Here’s the top 15 self-employment tax deductions that you might qualify for: Common Tax Deductions. Here are a few of the most common self-employment tax deductions: 1. Self-Employment Tax Deduction

3. Avoid Capital Gains Tax When Selling a House - AOL

   www.aol.com/avoid-capital-gains-tax-selling...

   Taxes come into play almost any time you make money. So, if you make a profit off the sale of your property, you’ll probably run into capital gains tax.For example, if you purchased a property ...

4. Netting $800k from Your Home Sale? Learn How to Minimize ...

   www.aol.com/im-selling-house-netting-800k...

   If you now sell the house, your cost basis would be $535,000, as the home cost you $500,000 and the kitchen and boiler both count as upgrades to the property ($25,000, plus $10,000).

5. Internal Revenue Code section 132(a) - Wikipedia

   en.wikipedia.org/wiki/Internal_Revenue_Code...

   A Qualified Employee Discount is defined in Section 132(c) as any employee discount with respect to qualified property or services to the extent the discount does not exceed (a) the gross profit percentage of the price at which the property is being offered by the employer to customers, in the case of property, or (b) 20% of the price offered for services by the employer to customers, in the ...

6. I'm Selling My House to Net $640k to Downsize for Retirement ...

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   If you net $640,000 from the sale of your longtime home, your capital gains tax bill will depend on a couple of factors: Filing status.This affects how much of the gain you can exclude.

7. Internal Revenue Code section 162 (a) - Wikipedia

   en.wikipedia.org/wiki/Internal_Revenue_Code...

   It concerns deductions for business expenses. It is one of the most important provisions in the Code, because it is the most widely used authority for deductions. [1] If an expense is not deductible, then Congress considers the cost to be a consumption expense. Section 162(a) requires six different elements in order to claim a deduction. It ...