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Deductions & credits
Ernie,
Thank you very much for your reply and insight. It makes sense and I very much appreciate you clarifying the situation for me.
Re: the business expenses, I have entered a minimal amount for her (i.e. mileage expense and gas) but it hasn't seemed to lower either her Fed or State Tax so perhaps there is a threshold she needs to meet in order for the expenses to impact and lower her tax? I will look at her taxes again to see if I am entering the expenses in correctly.
Again, thank you for taking the time to respond to my question. I do appreciate it!
‎April 15, 2022
9:54 AM