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Results tagged with tax-deduction
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user 34068
A tax deduction is a deduction that lowers a person’s tax liability by lowering his taxable income. Deductions are typically expenses that the taxpayer incurs during the year that can be applied against or subtracted from his gross income in order to figure out how much tax is owed.
6
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Is "premium tax credit repayment" deductible as health insurance cost for self-employed?
I tracked down the author of the rules in Washington DC. She returned my call! Yes you can enter what would have been your premium before the repayment amount was assessed on line 29. I had to repay t …
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