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2. I'm a Business Owner. What Expenses Can I Write Off on My Taxes?

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   A tax write-off is how businesses account for expenses, losses and liabilities on their taxes. Write-offs are a specialized form of tax deduction. When a business spends money on equipment or ...

3. Itemized deduction - Wikipedia

   en.wikipedia.org/wiki/Itemized_deduction

   Medical expenses, only to the extent that the expenses exceed 7.5% (as of the 2018 tax year, when this was reduced from 10%) of the taxpayer's adjusted gross income. [2] (For example, a taxpayer with an adjusted gross income of $20,000 and medical expenses of $5,000 would be eligible to deduct $3,500 of their medical expenses ($20,000 X 7.5% ...

4. List of monthly expenses to include in your budget - AOL

   www.aol.com/finance/examples-monthly-expenses...

   Variable monthly expenses. These expenses fluctuate from month to month and are often discretionary in nature. Examples include groceries, utilities, entertainment expenses and travel. Variable ...

5. Tax deduction - Wikipedia

   en.wikipedia.org/wiki/Tax_deduction

   A tax deduction or benefit is an amount deducted from taxable income, usually based on expenses such as those incurred to produce additional income. Tax deductions are a form of tax incentives, along with exemptions and tax credits. The difference between deductions, exemptions, and credits is that deductions and exemptions both reduce taxable ...

6. What Do You Need To File Taxes? A List of All the ... - AOL

   www.aol.com/finance/file-taxes-list-documents...

   Tax Preparation Checklist: What Do I Need To File My Taxes? Having a checklist and preparing your information ahead of time, however, will help ensure you’re ready to file your tax return.

7. List of taxes - Wikipedia

   en.wikipedia.org/wiki/List_of_taxes

   Per unit tax, a tax charged proportionally to the amount sold, such as by cents per kilogram. Turnover tax, a tax on intermediate and capital goods that is viewed as a precursor to a value-added tax. Use tax, a tax charged on an item purchased in an area without a sales tax when brought to areas that has one.

8. Are College Tuition and Education Expenses Tax-Deductible?

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   Here are the types of expenses that qualify for tax credits: Tuition and fees. Room and board. Books, supplies, and equipment. Certain prepaid expenses.

9. Internal Revenue Code section 212 - Wikipedia

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

   Internal Revenue Code § 212 (26 U.S.C. § 212) provides a deduction, for U.S. federal income tax purposes, for expenses incurred in investment activities. Taxpayers are allowed to deduct all the ordinary and necessary expenses paid or incurred during the taxable year-- (1) for the production or collection of income;