Seem to be full of questions recently.
So, wife and I will be filing our first full year 2022 taxes this year in OK. Last year it was split between CA and OK. Met with a CPA/Tax guy that my inlaws have used for years. THe guy was nice and seemed like he "knew what he was doing" but then we had a question about some write-offs. Here's the deal.
Wife works 3 weeks a month in OK from home. Then travels to CA to meet her clients and work for/at the CA office one week each month. THe agreement she has with the owner of her company was that she would keep her CA salary but she would pay for her own travel/flight costs and car rental while in CA. This equates to about $12K in travel expenses per year. I asked the CPA about these expenses as write-offs and he said these types of work related expenses are no longer allowed and can't be used.
For those of you smarter than I, is this accurate? I was shocked when he mention this and thought this info was BS. THese are legit work expenses so not sure why they can't be written off. Seems crazy. What say you?
So, wife and I will be filing our first full year 2022 taxes this year in OK. Last year it was split between CA and OK. Met with a CPA/Tax guy that my inlaws have used for years. THe guy was nice and seemed like he "knew what he was doing" but then we had a question about some write-offs. Here's the deal.
Wife works 3 weeks a month in OK from home. Then travels to CA to meet her clients and work for/at the CA office one week each month. THe agreement she has with the owner of her company was that she would keep her CA salary but she would pay for her own travel/flight costs and car rental while in CA. This equates to about $12K in travel expenses per year. I asked the CPA about these expenses as write-offs and he said these types of work related expenses are no longer allowed and can't be used.
For those of you smarter than I, is this accurate? I was shocked when he mention this and thought this info was BS. THese are legit work expenses so not sure why they can't be written off. Seems crazy. What say you?