Employee Tax Expert
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I am in my 13th season as a tax professional and my 10th season as an enrolled agent
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It sounds like you are taking sales taxes for large purchases as a deduction - if so, the amount of sales tax paid on the large purchase is not calculated by Tu...
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The State And Local Tax limitation cap is not dependent on AGI. The cap for 2025 was raised to $40,000 in the One Big Beautiful Bill and is working as it should...
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No, for you the best option will be to file a Schedule C Profit or Loss from business as it sounds as though you are part of the "gig economy" with Instacart. T...
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I tested the mortgage calculation in TurboTax on a large loan amount of $1,000,000, and the itemized deductions would change based on whether I entered a date b...
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The instructions for Virginia Form 760 state that Line 9 Virginia Adjusted Gross Income is line 3 (subtotal of Federal AGI + Virginia additions) less the subtot...
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