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 Can i deduct expenses for my horses on federal income tax?

Answer You can deduct expenses for your horses on your federal tax return, but only if they are business-related, such as losses from breeding, according to Robert Wood of Forbes. However, make sure your ... Read More »
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How to Deduct Gambling Losses on a Federal Income Tax Return?

The Internal Revenue Service requires that you report all of your gambling winnings on your income taxes so they can be included as taxable income. The IRS also permits you to reduce your taxable i... Read More »
http://www.ehow.com/how_7346740_deduct-federal-income-tax-return.html

Can I deduct an unpaid judgment from my federal income tax?

On One Hand: There Are Possible OptionsWhile the specifics of the case and judgment will have a lot to do with whether or not an unpaid judgment can be tax deductible or not, there are some possibl... Read More »
http://www.answerbag.com/q_view/1996368

Can I deduct the cost of re-roofing my home from my federal income tax?

You can receive tax credits or deductions for re-roofing a home under certain circumstances, including upgrading your roof with approved Energy Star materials, doing maintenance on rental income pr... Read More »
http://www.answerbag.com/q_view/2080891

Does an employer have to deduct federal income tax from an employee?

Employers are required by law to deduct federal income tax from employees' income. The amount depends on your exemptions, filing status and the IRS withholding tax tables. If you qualify for exempt... Read More »
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