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【US Tax】Noted Items for Filing Tax in US Tax Season (I)

A reminder for US taxpayers to pay attention to a few noted items for filing US tax:


  1. Special tax concessions for US soldiers.
    Combat pay can be partially or entirely tax exempt. Support for theater service personnel also meets this condition.

  2. How to avoid delays of tax refunds, it is recommended to plan early.
    Taxpayers must ensure that all tax filing information are prepared, such as forms of W-2, 1099, etc. Taxpayers should also have the 2015 tax return records ready when preparing the 2016 tax return.

  3. Self-employed and the sharing economy.
    The essence of this category is that the income is generally taxable, even if forms of W-2, 1099, etc. and other income documents are not available, but some or all of the expenses of the company can be tax deductible. There are some simplified tax deductible items of company expenses. For taxpayers who provide services to customers, such as private car carrying passengers, housing rental, etc.,
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