Filing Status

Filing Status 2021

CPA Clinics Team
September 17, 2021 0 Comments
Single You can file as Single filing status if any of the following was true on December 31, 2021. You were never married, You were legally separated, according to state law, under a final decree of divorce or separate ma...

Farm Vehicles and Fuels 2021

CPA Clinics Team
September 16, 2021 0 Comments
Farm Vehicles and Fuels Farmers can deduct expenses of operating a car or truck used in a farming operation. You can use the standard mileage rate or the actual expense method to compute the deduction. Standard Mileage Ra...

Farm Expenses Worksheet 2021

CPA Clinics Team
September 15, 2021 0 Comments
Prepaid Farm Supplies Prepaid farm supplies include feed, seed, fertilizer, and similar farm supplies that are not used or consumed as of the end of the tax year. A deduction for prepaid farm supplies may be limited to 50...