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Posts Tagged "Self Employment Health Insurance Payments"

Deductions allowed when you do not itemize

There are lines and then there are fine lines that can be read to understand better about the available options for deductions on tax returns. Shawn and Penny, a married couple and parents of two children, wanted to make the most of the available options. They are aware that there are other tax deductions you can also deduct, in addition…read more →

Deductions allowed when you do not itemize

This week we will discuss deductions that are available to be used on your tax return, even if you DO NOT itemize. There are two ways to reduce your income on your income tax returns. Reducing your income is a way to also reduce the income tax you may be responsible for. The two methods are known as itemizing your…read more →

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