I'm gonna do my income taxes this weekend and I was wondering if you guys could give me pointers on what to ask my tax preparer in order to get the most possible refund. For instance, deductions….etc.
I'm 23 and single
I live at home w/ my mom
Last year I made around $26k However, […]
is there a rough way to estimate how much I would be refunded on $23,000?
Answer: You can either take a tuition deduction or a lifetime learning credit. The credit is usually most favorable and the deduction is for people who make too much to get the credit. Go to h&r block's tax estimator. I think […]
My daughter is approved for survivor benefits and we got everything approved and turned in today. How long until we start receiving the money?
Answer: My four kids recieved an initial amount within two weeks and ONLY FOR THE SECOND PAYMENT did we have to wait a little longer than four weeks. When that […]
I have about $1,000 dollars in medical bills that my insurance didn't cover in 2007. Can these be deducted? And if so, is it worth it?
Answer: They can be deducted only if you paid them. If you have not paid them you can not deduct them.
Answer: If you have other deductions to claim […]
will the results be the same if i use my last paystub vs. the w-2 form
Answer: sometimes there are adjustments made on your W-2 for some reason and you should really wait fo that to come in. Plus you have to send in a copy of it if you are filing by mail
Answer: it […]
ok i have worked as a christmas temporary sales assistant for one day. before i worked, in a introduction day they gave us a p38(s) to fill, i am a student so i filled it in. but when my payslip came i got taxed, as foar as i know i shouldn't be taxed?
would i be […]
i live with my parents at there home and am 25 years old. they recently told me that I would have to to chip in monthly expenses. My friends pay up to $250 a month but they expect $500 from me. Is there anything I can do, i.e. tax breaks? We pay up to 2k […]
import duty varies from one classification of goods to another, so no idea on the duty at the mo. ring 0172366077 (customs tariff classification line), they'll classify what you want to import, then ask them to confirm the duty rate. vat goes on top, so:
cost of goods (inc shipping) duty, then […]
I had sold few shares of a company in 2007-08 after holding the shares for more than 10 yrs and invested part of it while purchasing residential flat. shall i get exemption under income tax? if so what extend and under which section of income tax of india.
Answer: If you sell shares after 10 years, […]
My wife babysits one child for a friend of ours. She was paid approximatley $1400 for the year. We do not run a daycare service, this is more of a favor with the benfit of some income. I would assume our friends report the payments to us as a childcare expense.
Answer: Yes, you must report […]