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Generally, it's transportation in the line of doing business, such as transporting goods, clients, employees, etc./ et al., or traveling between job sites. Transportation while job hunting is also deductible. Travel from home to your primary work place (and vice versa) is not deductible. Also, transportation for which you have been compensated is not deductible.
What else can I help you with?
If my insurance company deducts my deductible from a homeowners claim do i still pay the deductible?
Yes. The insurance company will pay their portion of the claim which does not include the deductible because that is your portion .
What business travel expenses are deductible for tax purposes?
Business travel expenses that are typically deductible for tax purposes include transportation costs (such as airfare, train tickets, or rental cars), lodging expenses, meals, and other necessary expenses incurred while traveling for business purposes. It's important to keep detailed records and receipts to support these deductions.
Surgery and need to meet a 565 deductible how can you meet this deductible?
If you need to meet a $565 deductible, you can meet it by paying for the first $565 of your surgery. This will often include the preparation for surgery like blood tests or x-rays.
What expenses are deductible when selling a rental property?
When selling a rental property, deductible expenses may include costs related to improvements, repairs, commissions, and closing fees. Additionally, depreciation recapture and capital gains taxes may also be deductible.
What is the correct spelling of deductible or deductible?
deductible
Where can one find a high deductible health insurance plan?
There are a number of places where one could find a high deductible health insurance plan. Some businesses that offer high deductible health insurance plans include Aetna and United Healthcare.
Does a deductible count towards out of pocket expenses?
Yes, a deductible is an initial amount that you must pay out of pocket before your insurance coverage kicks in. Once you meet your deductible, your out-of-pocket expenses may include copayments, coinsurance, and any costs not covered by your insurance plan.
What could be considered a tax deductible?
There are many different types of tax deductibles. Some tax deductible things include apartment rent, charity donations, work supplies, and property taxes.
What coverage can a condominium owner buy to offset the master policy deductible?
Work with your broker to determine your deductible exposure under the master policy, and inquire as to whether or not you can include this coverage in your HO-6 policy.
Is it deductible or deductible?
It is "deductible," except in Australia, where it's spelled "deductable."
What are different kind of transportation?
The different kinds of transportation include cars, trucks and vans. There is also planes, trains, boats and even bicycles as well.
High deductible health plans?
A high-deductible health plan contains certain minimum dollar limits on the annual deductible and maximum limits on the out-of-pocket expenses listed under the plan. An individual health care plan would be considered high-deductible if it has an annual deductible of at least $1,200. A plan for family coverage is considered high-deductible if it has an annual deductible of $2,400. Out-of-pocket expenses for 2011 may not exceed $5,950 for individual coverage and $11,900 for family coverage. Out of pocket expenses include deductibles, co-payments, etc. www.bankofkc.com /personal/hsa-faq.aspx
