There is no "bonus". There is an additional tax deduction for seniors (you can use whether or not you take itemized or the standard deduction) that may reduce t...
We need clarification. There is no such thing as an employee sponsored IRA.
A qualified workplace retirement plan is created under sections of the tax law incl...
The sales tax is deductible. There is nothing in the tax code that says you have to pay in full. Even if the sales tax was rolled into the loan, the fact that y...
There is simply no way for Intuit to know that a payment is in process, that information is not shared with any software company, only you can get that informat...
I can't tell you which is better, there are too many factors.
Car expenses are discussed in chapter 4 of publication 463.
https://www.irs.gov/forms-pubs/about-...
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