expenses that tax deductable?

Question

Are home improvements tax deductable

Answer 1

No.

Certain energy efficient items (Windows, doors, etc.) may qualify for a special credit but the credit is pretty small.

Answer 2

you could go with between deducting a flat mileage fee or surely costs. you utilize your log to be certain what % of your miles are employer, and deduct in basic terms that % of the costs. And it somewhat is a deduction, no longer a credits. So once you're in a 15% bracket and characteristic costs of $1000, your ncome tax reductions is $one hundred fifty, no longer $1000. it additionally will decrease the internet earnings that your self employment tax is figured on.

Answer 3

No.