I worked around 90 hours of OT in 2025. However, I get daily OT. Some weeks I worked 36 hours with 5 hours of OT. Which is the case for most of my OT. Can I still deduct the half pay x 90 hours? Or would I not qualify since I’m working less than 40 a week. For those cases, I was technically working more than 40 hours a…
According to this IRS article FAQ FS-2025-05, if you enter a binding contract and make a payment before 9/30/2025 but place in service a qualifying vehicle AFTER 9/30/2025, you are eligible for this credit. Here is the link and the exact text: 3. What effect does “acquisition” of a vehicle have on a taxpayer’s ability to…
I just had dental surgery to replace my decaying/missing teeth in 2026. This fixes multiple cavities, my overbite, and will help my overall health. I paid off the procedure last year 2025. Can this be deducted in medical expenses since this is not for cosmetic purposes? It's Its a hefty deduction since it was double arch…
Hello! I received two 1098s this year since my mortgage was sold halfway through the year. I know that I paid (let's call it 50k) in mortgage interest through the entire year. The problem is that 1098 Mortgage Form A (the first one) is reporting I paid 25k in interest (for half the year), and 1098 Mortgage Form B (the…
This spring I was a senior in college with my final semester paying ~$2,500 for tuition (1098T box 1) and receiving ~$12,000 in scholarships (1098T box 5). During the year I made ~$45,000 in income from a job. Based on my research, I believe I should be able to claim the entire scholarship as taxable income to take…
If my employer didn't put my overtime wages on my w2, can I use the info on my paystubs to enter the "half of the time amd a half" for the deduction
I had a pretty expensive solar system installed at my home. I'm going through my return and I see I'm getting the 30% federal, but I don't see the NY state credit, which should max out at $5k. Am I missing something somewhere?
My return shows that I will receive a refund from IL. Can I claim the credit for taxes paid to another state in MO, or no since I'm getting a refund?
I made an estimated tax payment in Q123. There is a question about state estimated payments made, but nothing about federal taxes paid. How can this be entered?
Where can I claim an education credit on my tax return?
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