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Tag: above the line deduction

Ask The Taxgirl: Do Homeschooling Expenses Qualify As An Educator Expense?

Kelly Phillips ErbMarch 13, 2013May 21, 2020

Taxpayer asks: I called the IRS they couldn’t help me and told me to call our local office since they do not know our state

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Deduct This: History Of The IRA Deduction

Kelly Phillips ErbJune 27, 2011

Remember Studebaker? Studebaker was a manufacturing company that started in 1852 in South Bend, Indiana, making wagons for farmers, miners, and the military. Ten years

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Deduct This: The History Of Student Loan Interest

Kelly Phillips ErbJune 13, 2011

This week, I reached a pretty significant milestone: I finally paid off my undergraduate student loans. Hold the champagne: I now get to plug away

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Fix The Tax Code Friday: Above The Line Deductions

Kelly Phillips ErbJune 29, 2007

It’s Fix the Tax Code Friday! “Above the line” deductions are deductions that you can take even if you don’t itemize. As such, they aren’t

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