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Jackson Hewitt(R) Celebrates Healthcare Workers With Occupation-Based Tax Savings
Date:4/10/2008

d deductible.

-- Malpractice insurance or insurance premiums for protection against

liability or wrongful acts - often required to practice medicine - may

also be considered as an occupation-related deduction for doctors and

other healthcare workers.

-- Other expenses that may be deductible include: professional dues;

specialized equipment or tools; the cost and upkeep of uniforms if they

are required for work and not suitable for everyday wear (for example,

a nurse's bedside uniform and shoes that cannot be worn when off duty);

and certain state or local government regulatory fees, licenses, or

flat rate occupational taxes.

-- Work-related education courses or seminars - such as refresher courses,

courses on current developments, and vocational courses - may also be

considered as deductions if they meet certain requirements. However,

education qualifying an individual for a new trade or business (such as

a licensed practical nurse taking classes to become a registered nurse)

is not deductible.

-- Student loans are often necessary to pay for the cost of education for

medical workers as well as those in many other fields. Taxpayers who

take out a loan to pursue studies and pay interest on that loan may be

able to claim up to $2,500 of the interest as a student loan interest

deduction on a tax return.

As the tax deadline approaches, Jackson Hewitt offices will be open extended hours - some until midnight and even 24-hours during the final days before April 15 - to help America's Workforce prepare and file their income tax return and capture all of the job-related deductions and credits available to them. For a partial list of occupations profiled and to review some of the most commonly overlooked deductions, visit the Tax Resource Center at '/>"/>

SOURCE Jackson Hewitt Tax Service Inc.
Copyright©2008 PR Newswire.
All rights reserved

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