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Tag: Income Taxes

Can I deduct home office furniture from my taxes?

June 15, 2022

Furniture and other office equipment that you purchase to facilitate working from home are claimable on your income tax return. If the item is…

Can I write off a fridge?

June 15, 2022

Buying a fridge is therefore a legitimate business expense related to your rental property business. Improvements to a rental property are generally depreciated over…

How much can I deduct for laundry expenses?

June 15, 2022

There are essentially two (2) options that may allow you to deduct your laundry expenses. 1. If the clothing qualifies as “deductible” (required or…

Can you claim home repair on taxes?

June 15, 2022

A. In 2018, 2019, 2020, and 2021, an individual may claim a credit for (1) 10% of the cost of qualified energy efficiency improvements…

How much can you write off for laundry?

June 15, 2022

That's right: the IRS lets you deduct the cost of your work clothes plus the cost of maintenance expenses such as laundry and dry…

Can furniture be a tax write-off?

June 15, 2022

Examples of these expenses include the cost of packing, crating, hauling a trailer, in-transit storage, and insurance. Note that you cannot deduct expenses for…

Can I claim laundry allowance?

June 15, 2022

If your laundry expenses (washing, drying and ironing but not dry-cleaning expenses) are $150 or less, you can claim the amount you incur on…

Are Energy Star appliances deductible 2021?

June 15, 2022

ENERGY STAR Products That Qualify for Federal Tax Credits: Gas, propane, or oil boilers – Gas powered boilers that are recognized as ENERGY STAR…

Can you claim washing machine on tax?

June 15, 2022

Homeowners can claim a federal tax credit for making certain improvements to their homes or installing appliances that are designed to boost energy efficiency….

What home appliances are tax deductible?

June 15, 2022

ENERGY STAR Products That Qualify for Federal Tax Credits: Gas, propane, or oil boilers – Gas powered boilers that are recognized as ENERGY STAR…

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