Tax time questions

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bobbyseal

Boat boy
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Anyone know if we can deduct mileage if we take home call and have to come back into the hospital while on call. For instance, you work your regular day, but stick around late cause you're the call person. Leave the hospital at 10pm, but get called at 2am to come back in and admit a patient. Can you deduct the mileage for having to drive back into the hospital early?
 
Unless you're driving a ton, you aren't going to beat the $10,500 you can already deduct.
 
Well, I own a house and pay over 12000 a year in interest, plus another 3500 in taxes. So, I'm itemizing my deductions. Thus, I'm trying to find as many other deductions to add as possible.
 
You are not allowed to deduct mileage to and from your primary palce of work. You can deduct between work and a third location.

Sorry

Ed
 
Agree with above,only can deduct mileage if you drive from your job location to another hospital, not from home to work. If you just bought a house, you can also deduct points if you paid for some on your mortgage. Look at the IRS pub on info for new homeowners.

Other things you can itemize as job expenses:

educational expenses that you did for your job, and are not deemed intrinsic to your job description (eg a secretary taking a typing class does not get reimbursed) But a conference that you did not get reimbursed for, texts etc should count.

job related expenses: if you paid for your own scrubs, labcoats (ie: uniforms) you can list it as an itemized deduction. Check to see if the cost of maintaining them is also allowed--I'm not sure.

If your job related expenses amount to more than 2% of your taxable income then the amount over that is deductible.

Don't forget to list that interest paid on student loans as adjustment to income-- that's fully deductible!

A word of warning: don't get too excited about tax deductions for mortgage and etc... I bought a house this year and just did my taxes and my refund is about the same as it was last year.
 
The amount of refund at the end of the year is a meaningless measure. You need to look at the amount of your total tax (line 63 on the 1040). If you get a refund, it just means you overpaid your tax (and gave the government a nice interest free loan). There are ways for you to get a $1000 refund and for me to pay $1000 at the end of the year, but for me to end up paying less federal tax than you did. A big refund is not a good thing (unless you have no financial discipline). You should adjust your withholding so you end up near your total tax for the year.
 
you can deduct work related milage but you would have to drive to the next state regularly to make it worthwhile
 
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