The most prominent Travel Nurse Tax Deductions are Tax-Free Stipends for Housing, Meals & Incidentals, Travel Reimbursements and Professional Development Costs.

As a travel nurse you can qualify for non-taxable income called stipends. These stipends are not taxed since they are classified as reimbursements for housing, travel, and meals. Travelers love these because if they do not use the full stipend amount, they can pocket the extra.

if you spend about 40% of your time on your smartphone for business, then you can deduct 40% of the related expenses. It's important to get an itemized phone bill so that if the IRS ever wants to audit this, you can prove the deduction was correct and allowable.

At HB Financial Service, Inc, we understand the importance of filing your taxes correctly and on time. That's why we offer flexible appointment times to fit your busy schedule. We offer both in-person and remote appointments. For remote appointments, we work through our secured client portal, where you can upload documents and receive documents from us. Our experienced tax preparation team will ensure that your taxes are filed accurately and on time. We also provide free consultations to discuss your tax situation and guide you through the filing process. Contact us today to schedule your tax preparation appointment.