Tag Archives: Income

Two Percent Deductions

Below is a list of some expenses that you may be able to deduct as long as the expenses are more than two percent of your adjusted gross income. 1. Unreimbursed employee expenses 2. Expenses looking for a new job … Continue reading

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Taxable and Nontaxable Income

Most types of income are taxable, but some are not. Income can include money, property or services that you receive. Here are some examples of income that are usually not taxable: Child support payments; Gifts, bequests and inheritances; Welfare benefits; … Continue reading

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