Conference tax deductible?
Moderator: Aitrus
Conference tax deductible?
If a bunch of us got together to discuss our investment strategies, say halfway between Aitrus and Mjedlin66, would our expenses be tax deductible?
Re: Conference tax deductible?
Probably not. For those that itemize, Line 23 for other expenses is the only potential area that those expenses might fall, however, any deduction is only to amounts >2% of your AGI. I believe these miscellaneous deductions will be going away entirely with the changes in the tax laws.
Re: Conference tax deductible?
Evilanne you are correct. No more itemizing deductions with the new tax reform.
Re: Conference tax deductible?
Very interesting. Anyone know how the new taxes effect the tax credits for electric cars? I was thinking about getting the new Honda Clarity plugin hybrid for my wife. EPA lists it as having a $7500 tax credit but when I asked the dealer about that he said I'd have to contact a tax expert to see how it would really work out. Wish I could download turbo tax for tax year 2018 now and run some scenarios but it isn't available yet...
Re: Conference tax deductible?
If you have bought TurboTax in the past, I would give TurboTax experts a call to get that info.
Re: Conference tax deductible?
Good idea. Thanks.
Re: Conference tax deductible?
I think a lot of those credits have been phased out but your state may also have some kind of incentives but you really need to research or find someone that knows that type of info
I'm sure if it was in effect, the car dealers would be able to direct you to where to look.
I'm sure if it was in effect, the car dealers would be able to direct you to where to look.
Fund Prices2024-03-28
Fund | Price | Day | YTD |
G | $18.15 | 0.05% | 1.05% |
F | $19.08 | -0.06% | -0.74% |
C | $82.21 | 0.11% | 10.55% |
S | $82.43 | 0.30% | 6.92% |
I | $42.57 | -0.24% | 5.95% |
L2065 | $16.38 | 0.02% | 8.37% |
L2060 | $16.39 | 0.02% | 8.38% |
L2055 | $16.39 | 0.02% | 8.38% |
L2050 | $32.73 | 0.01% | 6.95% |
L2045 | $14.91 | 0.02% | 6.58% |
L2040 | $54.38 | 0.02% | 6.22% |
L2035 | $14.34 | 0.02% | 5.79% |
L2030 | $47.67 | 0.02% | 5.38% |
L2025 | $13.15 | 0.03% | 3.43% |
Linc | $25.61 | 0.03% | 2.82% |