Employee Tax Expert
Member profile
Enrolled Agent, 36 years exerience
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- Posts
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Intuit TurboTax has several free calculators that will allow you to try different changes to see how they will impact your return for Tax Year 2025. We are earl...
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Hello@ceunmeesuh, As the IRS requires the insurance plan be under your name or the name of your business, you are not able to deduct COBRA payments on the Sched...
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Hello@Dtchgirl, TurboTax Home & Business 2024 was just released. This would be the bare bones version as many of the forms are not ready yet from the IRS and t...
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Hello@jaussie, It depends on if the company included it in your 1099-NEC or not. If the company did not include it then there is nothing to deduct on your retu...
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Hello@JessicaH1024, Most assets must be depreciated over the useful life of the asset as determined by the IRS. The Section 179 election allows all or part of ...
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