Since it’s a holiday week, I’m re-posting popular stories from the past. This one, from 2012, talks about adjunct professors and mileage deductions.
When can an adjunct professor take mileage deductions?
Can an adjunct professor deduct mileage driven to class? Maybe.
Q: Can I deduct mileage to a PO box? A: It depends. If you are a home-based business and a portion of your home is used regularly and EXCLUSIVELY for business, then you can deduct any business mileage driven from your home, including to your PO box. If your home is not used regularly and […]
Q: If I list 1099-K income hobby can I list equal expensives as I also buy for my hobby and spend more than I sell? A: The answer is not as simple as it sounds. First, you can deduct “cost of goods sold” (COGS) directly from hobby income — if you have legitimate COGS and […]
Home-based business owners can deduct mileage driven to and from their home office – in some circumstances. It all depends on if your home is your “principal place of business,” which isn’t as easy as it sounds.
This week, questions about deducting mileage for long commutes to work and the credits available for purchasing energy efficient windows and doors.
Have a tax question burning in your mind? E-mail me at firstname.lastname@example.org.WARNING: I cannot provide specific tax advice to you by e-mail. If you e-mail a question, it will be published in a future Ask Jason segment with an answer that is general to your situation. I cannot personally reply with a specific answer. If […]
A question that comes up frequently from people with home-based businesses is if they can deduct mileage driven from their home to a work site. The answer can be tricky. IRS publications say that you can deduct mileage driven from your home to work sites if your home is your principal place of business. But […]