Well, for starters, obviously my agency took out too much. That accounted for about 8, 000 of it , I imagine...haven't done the math.
I'm traveling..a travel nurse. I have a home in my home city. In my contract city, my monthly rent was $750. The rent & phone & utilities are deductible expenses. I can deduct utility bills, maintainance, security expenses, lawn maintainance at my home. Travel expenses to and from home several times in 6 months is deductible.
The government has some "percentage" that the CPA's use as a basis for my living expenses in the contract city, so I don't have to save restaurant, grocery receipts....meals are deductible, but the CPA uses the percentage. I didn't ask what it was, as I don't understand that stuff and didn't care anyway.
Look in your $10 tax book from Walmart/Walgreens/Eckerds, etc., that's what I use as a guide. it lists all the deductions from traveling....a lot of expenses are deductible. And, the usual nursing expenses,,,, I itemize, of course. And medical insurance is deductible, last years' CPA fee, safe deposit box, lawn maintainance while gone to contract city,...and yes, there are charitable deductions.....
The reality is, ....I'll probably spend the money and IRS will probably audit me and declare a big chunk disallowable, and want 1/2 of it back in a year or two....who knows?
This is the largest return I ever received.
Maybe my time has FINALLY come. I paid over $32,000 three consecutive years in '97 '98,99. Was ""day trading""...taxes eat up the profits.
I remember posting one time that I did not vote for the first Bush for re-election to president, because that year, his income and income tax bill was published in the newspaper. His income was over $500,000 . Mine, that year was $53,000 . I paid more in income taxes than he did. !!!!!!!!!!!!!!!! He was the one of ""NO
NEW TAXES '''' fame..... infamy.
I imagine $16,000 IS more than some people earn,, but not a traveling R.N. with > 20 years experience.
Remember the ''How much do you earn?" thread?? there was several nurses on this BB who said they earn > $100,000 a year.
There's quite a few nurses where I work making > $100 thou a year. And there's also several working two fulltime hospital jobs ! (2 different hospitals)
However, I don't think they have the deductions I do.
Travelers have great deductions.