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Federal Tax Deductions and Credits
Will you have, or do you have, disability-related work expenses? If yes, save receipts! The Internal Revenue Service (IRS) Publication 907, Tax Highlights for Persons with Disabilities, provides information on tax deductions and credits for individuals with disabilities and care providers. Impairment-Related Work Expenses: Publication 907 includes a section titled - "Impairment-Related Work Expenses." If you're an eligible employee with a physical or mental disability, you may be able to claim impairment-related work expenses, such as attendant care at the workplace and other expenses connected with your workplace that are necessary for you to work. Although employee business expenses are generally subject to the 2%-of-adjusted-gross-income limit, at the time of this writing, impairment-related expenses that meet IRS requirements and qualify are not subject to the 2% limit. Be sure to contact the IRS for current information - and keep receipts and records of all workplace expenses that may be deductible on your federal taxes should you qualify. As tax laws do change each year, check the current year's Publication 907 for up-to-date information. What's true today may be entirely different tomorrow! For further information, or to view and order IRS publications and forms, visit the following IRS web sites or call the phone numbers listed below.
Web sites: Internal Revenue Service Publications and Forms
Phone numbers: Internal Revenue Service
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