Is mileage to tax preparer deductable?
Yes, i
t
would be a miscellaneous itemized deduction. Miscellaneous itemized deductions
are only available if you qualify to itemize and only to the extent that they
exceed 2% of your Adjusted Gross Income.They are under the deductions and credits
tab, then at the bottom of the page for "other deductions and
credits." Turbotax
explains the 2% rule at
this site.
Are hobby losses deductible? (Death of show animals)
Hobby expenses are deductible only to the extent of hobby income. That results in no loss being allowed.
Where do I file depreciation on farm equipment?
For an on-line program, you need Turbotax Self-employed to be able to do that.
