Information For...

For you and your family
Standard mileage and other information

Forms and Instructions

Individual Tax Return
Request for Taxpayer Identification Number (TIN) and Certification
Single and Joint Filers With No Dependents
Employee's Withholding Allowance Certificate

 

Request for Transcript of Tax Returns
Employer's Quarterly Federal Tax Return
Installment Agreement Request
Wage and Tax Statement

Popular For Tax Pros

Amend/Fix Return
Apply for Power of Attorney
Apply for an ITIN
Rules Governing Practice before IRS

Below is a list of some common deductions for the Fishing Industry.

Fishermen's Meals Deductions
When meal expense is allowable, the calculation of the deductible meal expense can be made either using the actual cost method or the standard meal allowance method.

Fishermen's Health Insurance Deduction
In some cases you may be eligible to deduct the amount paid for medical insurance and qualified long-term care insurance for yourself, your spouse, and your dependents.

Bad Debt from Bankrupt Fish Buyer
Occasionally, a fish buyer will go bankrupt without paying for the fish. There are different ways to incorporate the loss in your taxes, depending on your accounting method.

Fishing Fuel Tax Credit
A credit or refund may be allowed for the excise tax on fuel used in a boat engaged in commercial fishing.


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