CNN host Chris Cuomo has apologized after referring to an Indian-American White House staffer as âRaj whatever-his-name-isâ on air this week. Viewers and critics accused Cuomo of racism, which he refuted during his apology.
The Internal Revenue Service (IRS) allows taxpayers to deduct the cost of home improvements from their income taxes, but only if the improvements were performed for medical reasons and on their main residence.
Everyone calls it a deduction, and it functions just like one. Moving expenses are deductible only if you file your taxes on Form 1040; you can't use Form 1040A or 1040EZ. You must file Form 3903 to report your expenses. You can deduct only those expenses that haven't been reimbursed by an employer or anyone else.