Tax Question?

i put everythink in my tax ,i was only thinking maybe i can do this money for showers inside nothing more.

 

I am trying to do my husbands taxes with turbo tax home & business. For half the year he has been in a lease agreement. So he has a huge 1099 misc. He has 57K in deductions that were taken before he was paid alone, when I enter what he paid in fuel, lease pmt etc. turbo tax is showing only 24 K in business vehicle expense & trying to say that he made 10K more than he did. Arg. Can anyone help? Hope this makes sense, my brain is fried.

 

Wrong.

Per diem is for meals.

 

You start with the amount on the 1099.

Then expenses come out from that.

If 1099 already reduced by some expense they are not recorded again.

Might be best to have a paid tax preparer.

 

can i do me showers in my tax and how much $ is posible

 

need i recive for the showers

 

Actual costs.

 

Shows what you know tell me one person on here that eats that much in food a day on the road
I went tru a adit and was on the phone a hour with them I spend as much time as I can in a hotel so they cost more than they pay on per-diem so I do food and hotel for that day and is one of the red flags that got me a adit but after it was over I ended up the same and missed a few things I could have wrote off

 

Thats what I did. 1099 shows what the truck made, with no reduction, unfortunately he made way less. I would have loved to have paid someone to do it however we are already up to our eyeballs in debt & I am currently staying with friends because some neighborhood firebug decided to light my house up while I was sleeping. I put in his expenses but the deduction that it shows me is way less. I've seen on here that others have used turbo tax so I was hoping that someone could tell me what the issue is...

 

Take a good look at where per diem is deducted on the return.

Meals are limited and motels are not.

Later today I will get the laptop out and give precise links.

As far as what I know, I am quite sure I have prepared more returns and been through more audits.


Here is the link I promised from the IRS publication 463. It clearly shows what I stated about it being only for meals.

http://www.irs.gov/publications/p463/ch01.html#en_US_2011_publink100033781

Special rate for transportation workers. You can use a special standard meal allowance if you work in the transportation industry. You are in the transportation industry if your work:

• <LI _fsrDMR="true" _fsrTPC="true">Directly involves moving people or goods by airplane, barge, bus, ship, train, or truck, and
• Regularly requires you to travel away from home and, during any single trip, usually involves travel to areas eligible for different standard meal allowance rates.

If this applies to you, you can claim a standard meal allowance of $59 a day ($65 for travel outside the continental United States).