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Tax time



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Dec 26, 2007 05:19 AM

Tax time


Hello everyone!!!

Hope you all had a great Christmas.

I need some help with tax deductions. I am new to traveling, just started traveling in Nov., and I am not sure what I can count for deductions. I am keeping my home state in TN but for the current I am traveling in WA. Since I have a home in TN am I allowed to count my travel to my assignment. Also, one of the travelers on my unit told he he counts $60 for a food deduction and stated that was the expected norm. Is this true? Anything you can tell me would be great. Also, is there a tax person/ group that specializes in this type of taxes.

Thanks for all your help in advance.

Mrdoc


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3 Comments
No. 1
Old Dec 26, 2007, 05:40 AM

Default Re: Tax time
here's a web site I found. Don't know anything about them, but according to there advertisements, they specilaize in travel nurses.
www.traveltax.com
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No. 2
Old Dec 31, 2007, 12:57 AM

Default Re: Tax time
careful about what other people tell you they deduct. That won't be good enough if you get audited. My advise is to consult with a professional atleast this first year. You can only deduct on what HAS been taxed already. You cannot be on tax deferred plan, and then deduct what wasn't taxed. IE--you aren't taxed on travel reimbursment...so you can't deduct that on the end of hte year. You can't deduct food expense, if you are on a tax deferred meal allowance. You can't deduct housing if you aren't taxed on subsidy. It would be like double deducting. You also can't deduct housing if you dont have a set residence somewhere else. If you have been taxed on your paychecks you can deduct at the end of the year. This is my understand from talking to people...but again contact an accountant who specializes in travel nurses. I know several people who have done it and one who got audited because of it. Its not worth the penalties. This will be my first year to do taxes while I'm traveling....Not looking foward to it. :-( I must find someone who can help me.
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No. 3
Old Dec 31, 2007, 05:09 PM

Default Re: Tax time
I used H & R Block last year. They seemed to be pretty knowledgeable about travel nursing. If they didn't deduct enough, then I'd rather not have counted enough than taken unneccessary deductions
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