Outdoors Magazine

New Tax Credit for Sailors

By Sailingguide

New Tax Credit for Sailors

Perhaps in recognition of the folly of last year's tax hike on sailboat owners, Congress has in the nick of time not only repealed last year's law but has established a new tax credit just for sailors. If you've already submitted your 2010 return, you can amend it now to take advantage of this new law.

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