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Tax Deduction Consulting: Traveling Nurses Brigham City UT

Tax deductions are beautiful things, but there are different ones for each are of revenue. In this article, we discuss tax deductions for traveling nurses.

Mr. Gregory W. Williams (RFC®), CFP, CHFC, CLU, LUTCF, MSFS
(801) 453-2271
6340 South 3000 East, Suite 500
Salt Lake City, UT
Company
Exit Strategy Specialists, LLC
Qualifications
Years of Experience: 26
Membership
IARFC, MDRT, FPA
Services
Invoice, Estate Planning, Business Planning, Portfolio Management, Trustee Service, Pension Planning, Executive Compensation Planning, personal Coach, Retirement Planning, Tax Planning, Seminars Work, Employee Benefits, Stocks and Bonds, Mutual Funds, Mortgage Loans, Annuities, Life Insurance, Disability Income Insurance, Long Term Care Insurance, Medical Insurance, Group Insurance, Business Coach, Charitable Planning, Education Plan, Asset Protection, BuySell, Compensation Plans

Data Provided by:
H&R Block
(801) 832-8932
2356 S FOOTHILL dr
SALT LAKE CITY, UT

Data Provided by:
H&R Block
(801) 356-1356
990 S UNIVERSITY Ave
PROVO, UT

Data Provided by:
Synergy Accounting Solutions
(801) 542-0230
8282 S. State St. Suite
Midvale, UT
 
H&R Block
(435) 644-2071
40 E CENTER
KANAB, UT

Data Provided by:
Mr. A. Wayne Margetts (RFC®), LUTCF
(801) 532-1871
175 S Main St, Ste 1050
Salt Lake City, UT
Company
LPL
Qualifications
Education: BSc (Math)MBA
Years of Experience: 16
Membership
IARFC, MDRT, NAIFA
Services
Invoice, Estate Planning, Business Planning, Portfolio Management, Pension Planning, Executive Compensation Planning, Retirement Planning, Medicaid Planning, Tax Planning, Seminars Work, Employee Benefits, Stocks and Bonds, Mutual Funds, CD Banking, Annuities, Life Insurance, Long Term Care Insurance, Group Insurance, Charitable Planning, Education Plan, Charitable Foundations, Asset Protection, BuySell, Compensation Plans

Data Provided by:
H&R Block
(801) 495-4172
9151 S QUARRY BLVD
SANDY, UT

Data Provided by:
H&R Block
(435) 884-3076
124 W MAIN ST
GRANTSVILLE, UT

Data Provided by:
H&R Block
(801) 334-4002
5845 E AVE BLDG 412
HILL AFB, UT

Data Provided by:
Liberty Tax Service
(866) 871-1040
438 E 12300 S
Draper, UT

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Tax Deduction Consulting: Traveling Nurses

Tax Deductions for Traveling Nurses

Tax deductions are beautiful things, but there are different ones for each are of revenue. In this article, we discuss tax deductions for traveling nurses.

If you are a traveling nurse, there are various tax deductions that you should be aware of. While there are basic deductions that all nurses receive, the expenses incurred for traveling nurses are also oftentimes deductible. It is imperative to note that in order to be eligible for traveling nurse deductions, you must have a tax home. This is the place your reside when not on duty. It will be your permanent mailing address. The tax home will be proof that you are traveling from your home to and from nursing appointments. If you do not have a home and travel between jobs, you must be considered homeless for tax purposes. Be sure that you meet any other federal or state mandated requirements to apply for traveling nurse deductions.

Traveling nurses are often considered to be on temporary assignment. To be eligible for deductions, this must be the case. Temporary assignment is less than one consecutive year at a certain jobsite. Many experts recommend leaving a job site for at least two weeks per year to be eligible for deductions.

As with any nurse, you will receive deduction benefits. For your services, you can deduct any mandated dues such as union fees. In addition, any required continuing education is completely deductible. Your uniform, to include scrubs and small stethoscopes are also eligible for deduction. Most nursing staff are required to keep up to date dues and licenses. The costs you incur while renewing these documents are also deductible.

If you have been determined to be a traveling nurse for tax purposes, there are several more deductions you can take advantage of. Any costs you incur such as lodging, meals, cell phone use and transportation are deductible. It is imperative to keep an impeccable record of all expenditures for easy itemizing when tax...

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