WebApr 11, 2024 · We spoke with Sarah Gaines, MSN, RNC-OB, an experienced travel nurse and the founder of the Six Figure Travel Nurse LLC, who shared her tax prep tips for travel nurses. When asked her number one piece of advice for new travelers, Gaines says, "I've learned throughout the years never to take tax advice from your recruiter. WebHello Travel Nurses! With tax season coming to a close we wanted to provide you with our third and final bit of tax advice! "Per diem Considerations and Your…
Travel Nurse Taxes and Compliance TNAA
WebJan 28, 2024 · Resources on tax rules for travelers and some key points. I’m only going to address the issue of tax-free stipends (aka ‘per diems’, the IRS kind, not the nurse shift kind!) for nurses who maintain and pay for another residence while temporarily on travel assignment. Other’s can read this site’s handy advice: Per this: WebDec 18, 2024 · 6. What are considered Holidays. Get in writing what the facility considers to be Holidays. Again, read and understand every word in your contract before you sign it (see point #1). 7. Find out what your penalty will be if you have to cancel early. This has to be one of the most important tips for travel nurses. pnw dive club
Travel Nursing 101: How to Be a Travel Nurse & More TNAA
WebJun 21, 2024 · Here are some categories of travel nurse tax deductions to be aware of: The expense of maintaining your tax home. Travel expenses from your tax home to your work. … WebJan 26, 2024 · The time of the year also influences the cost of living in many cities. According to Indeed data, a travel nurse earns an average salary of $133,852 per year. Here's a list of some of the highest-paying cities for travel nurses: Omaha, Nebraska: $129,389 per year. Orlando, Florida: $135,274 per year. WebFor example, if you earned $50,000 last year and gave $2,000 to charity, under current U.S. tax law you would only be taxed on $48,000 worth of income. Your $2,000 charitable contribution is “tax deductible.” There are numerous nursing-related tax deductions that some nurses may benefit from using; these are outlined in the sections below. pnw drafting inc