I started a company but purchased the vehicle before I got the actual LLC. My vehicle is used for my business and I wanted to file for a one time tax deduction for using it. Help….
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You are currently browsing the archives for the Tax Deductions category.
September 2nd, 2010 darlees Posted in Tax Deductions 3 Comments »
I started a company but purchased the vehicle before I got the actual LLC. My vehicle is used for my business and I wanted to file for a one time tax deduction for using it. Help….
August 30th, 2010 darlees Posted in Tax Deductions 3 Comments »
I have a laptop computer that I am no longer using. Can I donate it to the school that my wife works at and take a tax deduction? She spoke to someone at the school that said they will give me a letter on school letterhead that says I made the donation and what the value of it is (based on what I tell them). Is that all I need to write it off next year?
August 27th, 2010 darlees Posted in Tax Deductions 3 Comments »
I was told that because I own my own business which involves me using my vehaicle that there is a tax deduction for buying a new 2007 GMC 4 door truck, I hadn’t heard this until a person said it.
August 24th, 2010 darlees Posted in Tax Deductions 2 Comments »
Hi,
I am offered a job in state department (Pennsylvania) and my salary will be around 50,000 per year. I am not sure how much my take home salary will be after tax deduction and other cut.
Appreciate if someone answer me soon as I am new in this state.
Thanks!!
Also, I have 2 kids and file tax return jointly.
August 21st, 2010 darlees Posted in Tax Deductions 3 Comments »
For instance, if my employer pays $2,780 per year for my health care (he matches my $2,780), how much of a tax deduction does he receive on that amount? I’d like to know the percentage, so that I can figure other amounts also. Thank you!
I live in the U.S.!
August 18th, 2010 darlees Posted in Tax Deductions 3 Comments »
The exact scenario is an uncle and a nephew bought a car. The uncle was the co-signer, but the nephew is the driver and ‘owner’.
When doing 2009′s tax return, can only one person claim this deduction or can they each claim 50% of the cost?
Thanks!
August 15th, 2010 darlees Posted in Tax Deductions 7 Comments »
I am not licensed but i babysat two little girls from sep to now. i made 900 all together to date. They used my home and food, would i qualify for a tax deduction???
Can someone expalin the procedure I would have to go about to explain why i deserve a deduction or would it be best if i went to a tax preparer?
August 12th, 2010 darlees Posted in Tax Deductions 1 Comment »
We purchased a home in Aug of 2008, we’ve already filed our income tax for 2008. Were we suppose to get an $8000.00 tax deduction because of the purchase or some type of loan of that amount?
August 9th, 2010 darlees Posted in Tax Deductions 3 Comments »
I am a massage therapist, and launder my sheets every single day. I’m wondering what the average tax deduction amount is per laundry batch. Anyone know? Thanks!
August 6th, 2010 darlees Posted in Tax Deductions 1 Comment »
I bought a house in Feb 2009, moved into it for 4 months. Now I’m planning to rent it out for a year. After that, I’ll move back in. After 2 years, if I sell it and make a profit, how will the 1 year rental affect my tax deduction?