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For my 2016 property tax, my payment was late on one occasion. So, I paid a penalty. For my taxes, should I deduct the actual amount I paid, or just the amount on the bill?

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You can deduct any "ordinary and necessary" business expe...

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Agreed.

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As written, the general statements are not correct since...

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That's entirely wrong. As long as neither spouse has any...

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There is no employment or income requirement for making a...

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Sometime, service records and oil change records can give...

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Tax Year Prior to 2020: Do I need to report the sale of my home? It sold for $125,000 and I purchased a new home for $96,000.

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In a word, yes. Most ETFs (Exchange Traded Funds) are re...

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The directions indicate to select RIC for foreign taxes paid on dividends. Are ETFs considered a RIC?

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You can use the steps here below to get to the section to...

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No, the national park passes are not tax deductible unfor...

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Can i deduct national park pass?

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Yes, the IRS says: A home includes a house, condominium,...

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To qualify for Section 179 deduction, the asset must be:...

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For my 2016 property tax, my payment was late on one occasion. So, I paid a penalty. For my taxes, should I deduct the actual amount I paid, or just the amount on the bill?

You can deduct any "ordinary and necessary" business expe...

Agreed.

As written, the general statements are not correct since...

That's entirely wrong. As long as neither spouse has any...

There is no employment or income requirement for making a...

Sometime, service records and oil change records can give...

Tax Year Prior to 2020: Do I need to report the sale of my home? It sold for $125,000 and I purchased a new home for $96,000.

In a word, yes. Most ETFs (Exchange Traded Funds) are re...

The directions indicate to select RIC for foreign taxes paid on dividends. Are ETFs considered a RIC?

You can use the steps here below to get to the section to...

No, the national park passes are not tax deductible unfor...

Can i deduct national park pass?

Yes, the IRS says: A home includes a house, condominium,...

To qualify for Section 179 deduction, the asset must be:...

Do you have a TurboTax Online account?

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