FAQ

Tax Tips and Questions
 
 
 
 
Are Travel Expenses to receive medical care deductible ?
 
 
Yes - If you itemize you may claim them.
 
 
 
 
 
If you sell stock what time period is considered long term capital gain ?
 
 
 
 
 Longer than one year is considered long term.
 
 
Which is better  - - a credit on your return for $100 or a deductible expense for $100 ?
 
 
 
A Credit is better.  It guarantees full face amount while a credit justb lowers taxible amounts.
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
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