One of the most confusing and misunderstood tax rules for travel nurses is the concept of “tax home”. Yet, it’s perhaps the single most important rule for travelling nurses to full understand as the consequences of not understanding the rules can be financially devastating. A proper understanding of tax home is important as it determines whether or not reimbursements, such as housing allowances and stipends for transportation, lodging, are even meals have been properly classified as taxable or tax-free. Generally the IRS views your tax home as the geographical area where you earn the majority of your income. It is […]