Chronically ill individual: can you define what the IRS looks ... - Intuit
Jun 6, 2019 · Pub 502, definition of "chronically ill individual" Chronically ill individual. An individual is chronically ill if, within the previous 12 months, a licensed health care practitioner has certified that …
Solved: 2025 additional standard deduction for age 65+ and the new ...
Jul 28, 2025 · There is an additional standard deduction for taxpayers age 65 and over, which was $1,550 each for married filing joint (MFJ) on the 2024 federal Form 1040, which I believe is $1,600 …
My wife is in a memory care facility due to alzheimers. Can I deduct ...
Feb 17, 2025 · Sometimes. Generally, expenses for nursing care are deductible, but expenses for room and board, companionship, laundry services, etc. are not deductible. The facility can give you a …
Is my business an SSTB? - Intuit
Dec 18, 2025 · SSTB (specified service trade or business) is a classification given to certain service businesses. If your business provides a service rather than a produ
What is considered in-service for solar credit? My system was fully ...
Jan 31, 2025 · The system is fully operational, and includes a Tesla powerwall backup. PTO has been delayed due to our utility company being backlogged at end of the year, and now wanting to inspect …
What's MACRS and MACRS convention? - Intuit
Dec 11, 2025 · MACRS stands for Modified Accelerated Cost Recovery System and is the most commonly-used tax depreciation method, the other being section 179 (which techni
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What do MAPFL and MAPML mean? - Intuit
May 19, 2020 · I assume your W-2 is from Massachusetts. MAPFL is Massachusetts Paid Family Leave. MAPML is Massachusetts Paid Medical Leave. Enter them in box 14 in TurboTax as they appear on …
How to understand Form 1040 - Intuit
Dec 22, 2025 · For more detailed info on Form 1040, we’ve broken down the sections to explain what info you’ll need to provide.
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Solved: Who qualifies for the PSO status which allows a $3,000 ... - Intuit
Jun 7, 2019 · My husband is a retired corrections officer. Turbo Tax gave him the $3,000 income deduction and now IRS is questioning the deduction.
Can I deduct the premiums (or portion of the premiums) I pay for a ...
Jan 24, 2025 · Can I deduct the premiums (or portion of the premiums) I pay for a Whole Life Insurance policy with a long-term care rider the "Long-Term Care Premiums Deduction"? The policy allows for …