Deductions & Credits

Can You Contribute to a 529 for the Previous Year?

ADS Depreciation: How It Works, When It’s Required, and Electing In

Are Entrance Fees for Retirement Communities Tax Deductible?

Section 179 for Vehicles Under 6,000 lbs: Caps, Bonus Depreciation

Contribution vs Distribution: Tax Rules, Penalties, and Reclassification

What Are Carrying Charges and When Can You Deduct Them?

What Is Legally Blind for Tax Purposes? IRS Rules and Deduction

Does a Gift Count as Income? IRS Rules, Exceptions, and Reporting

Are Conferences Tax Deductible? Rules, Limits, and Records

Do You Get a 1099 for VA Benefits? Forms Veterans Actually Receive