In most cases, you must include in gross income everything you receive in payment for personal services. In addition to wages, salaries, commissions, fees
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The IRS allows taxpayers to claim a number of deductions that it refers to as "adjustments to income." These adjustments reduce your gross income, and
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In most cases, you must include in gross income everything you receive in payment for personal services. In addition to wages, salaries, commissions, fees
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The IRS allows taxpayers to claim a number of deductions that it refers to as "adjustments to income." These adjustments reduce your gross income, and
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If you have a net capital loss for the 2008 tax year (who doesn't?) and reported taxable capital gains in 2005, 2006 or 2007, you can use the capital loss to
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It's hard to believe, but the IRS doesn't tax every cent you make. Instead, it only collects on your taxable income.
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