Category: Vehicle Tax Deduction Top Posts

what exactly is a W-9 tax form? How is it different from the regular W-2 and W-4 forms?

May 4th, 2010

Does this mean I pay my taxes at the end of the year instead of through out the year via tax deductions from my pay check?

How much money can I expect from a tax exemption?

May 4th, 2010

It’s my first year in a new job and I am currently claiming 1 on my W4. My tax return was a little smaller than I had hoped this year, so I was thinking of claiming 0 to give me a bigger "bonus" next year. How much money can I expect to disappear from my paycheck which is usually around 50 after pre-tax deductions, and about 0 after taxes now?

My BF told me he used to falsely claim foster kids as dependents…for the tax deductions. Should I break up ?

May 4th, 2010

with him? I think he’s been (mostly) honest with me, but this is bad (although not the worst). The other things he’s told me, he acted as if it were all in his past. But this he just did a few years ago and was offended when I said it was dishonest and wrong. True, the US government sucks. But two wrongs and all that…

Should I assume he’s lying to me too about other stuff and just cut my losses and break up with him?
Are you serious?! You think it’s no big deal? I’m very into him and am devastated that he might not be trustworthy. Better off without me? Whatevs

Can i expect any tax returns while on unemployment if state and federal was automatically deducted?

May 4th, 2010

I was on unemployment for all of 2009 and for the most part had the government deduct per week for federal and a week for state tax. Im currently 23, single, and in college. I made less than 6k last year from unemployment and had no other income. Is it possible for me to get the state and federal tax deductions returned to me?

What are the rules on auto expenses for work and tax deduction?

May 4th, 2010

I work in the medical field and have to drive to different clinics across a large city. My company pays me mileage for a lot of this. Can I still take a deduction for this? What are the rules on auto mileage and deductions?

Can someone give me a "bullet point" list of tax deductions that I could take.?

May 4th, 2010

I’m itemizing taxes this year for the first time. I’m looking for examples like…contributions to the church (tithing)…things that I normaly wouldn’t think of. I’m married – 3 kids (in private school)own a home, no other unusual circumstances. Not self employeed and all income is salary/commissions (W2).

Thanks…Rob

What are the various ways to save TAX in U.S for Non Residents?

May 4th, 2010

Hello Financial Experts,
My name is fani, I am new to US and joined a software company as an IT consultant.
My Gross Salary is 50k/annum,After all tax deductions i get around 30k-32k/annum.
I want suggestions and various plans to save my money from a Huge Tax Deductions.

Waiting for your suggestions and information.
Regards,
Fani.

I need to know what is tax deductable in a small home bussiness?

May 4th, 2010

I am starting a home bussiness. And it looks pretty promissing. But i need to know 2 things. !) When do I get a license. And 2) What do I need to save for a tax deductions on the company and at home?

If I donate 5400. to my local charity in new york, how much of a tax deduction will I get?

May 3rd, 2010

If I donate 5400. to my local charity, how much of a tax deduction will I get?
How much should I expect to get from a tax deduction?
Its in the united states in New York state
I make 1800 gross per month or 21600 per year.

No rental income this year, will I still be able to claim repair cost for tax deduction?

May 3rd, 2010

I bought a rental condo (foreclosed property) in October, 2009 and will spend November and December to fix it up, so basically I don’t have any rental income this year. I wonder if I am able to claim the repair cost (~,000) for tax deduction.