Vehicle Tax Deduction . com » tax return http://vehicletaxdeduction.com Learn How To Get The Maximum Vehicle Tax Deduction Sun, 30 Oct 2011 12:03:43 +0000 http://wordpress.org/?v=2.9.2 en hourly 1 How much money can I expect from a tax exemption? http://vehicletaxdeduction.com/how-much-money-can-i-expect-from-a-tax-exemption.htm http://vehicletaxdeduction.com/how-much-money-can-i-expect-from-a-tax-exemption.htm#comments Tue, 04 May 2010 18:39:00 +0000 admin http://vehicletaxdeduction.com/how-much-money-can-i-expect-from-a-tax-exemption.htm 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?

]]> http://vehicletaxdeduction.com/how-much-money-can-i-expect-from-a-tax-exemption.htm/feed 2 Can the 2009 new car tax deduction be claimed by two people? http://vehicletaxdeduction.com/can-the-2009-new-car-tax-deduction-be-claimed-by-two-people.htm http://vehicletaxdeduction.com/can-the-2009-new-car-tax-deduction-be-claimed-by-two-people.htm#comments Sat, 01 May 2010 16:51:36 +0000 admin http://vehicletaxdeduction.com/can-the-2009-new-car-tax-deduction-be-claimed-by-two-people.htm 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!

]]> http://vehicletaxdeduction.com/can-the-2009-new-car-tax-deduction-be-claimed-by-two-people.htm/feed 3 How much is a child’s tax deduction? http://vehicletaxdeduction.com/how-much-is-a-childs-tax-deduction.htm http://vehicletaxdeduction.com/how-much-is-a-childs-tax-deduction.htm#comments Sat, 01 May 2010 11:04:46 +0000 admin http://vehicletaxdeduction.com/how-much-is-a-childs-tax-deduction.htm If parents lists x number of children on their tax return, how much money is deducted from their income for each child?

I’m not asking about the ,000 tax credit, child care tax credit, or how much a child can earn tax free.

What is the raw value of the tax deduction?

]]> http://vehicletaxdeduction.com/how-much-is-a-childs-tax-deduction.htm/feed 3 Can I use my daughters nursery school payments as a tax deduction? http://vehicletaxdeduction.com/can-i-use-my-daughters-nursery-school-payments-as-a-tax-deduction.htm http://vehicletaxdeduction.com/can-i-use-my-daughters-nursery-school-payments-as-a-tax-deduction.htm#comments Fri, 30 Apr 2010 02:37:35 +0000 admin http://vehicletaxdeduction.com/can-i-use-my-daughters-nursery-school-payments-as-a-tax-deduction.htm My daughter attends nursery school. I was wondering if either myself or her father *we are together, not married* who file our taxes seperatly could use the money we paid as some sort of deduction on our tax return?
We live together so the child resided with us both for the entire year.
we both work, I work from home.

]]> http://vehicletaxdeduction.com/can-i-use-my-daughters-nursery-school-payments-as-a-tax-deduction.htm/feed 2 Can I use my child as a tax deduction or does his step-mom have that right? http://vehicletaxdeduction.com/can-i-use-my-child-as-a-tax-deduction-or-does-his-step-mom-have-that-right.htm http://vehicletaxdeduction.com/can-i-use-my-child-as-a-tax-deduction-or-does-his-step-mom-have-that-right.htm#comments Mon, 26 Apr 2010 04:37:11 +0000 admin http://vehicletaxdeduction.com/can-i-use-my-child-as-a-tax-deduction-or-does-his-step-mom-have-that-right.htm My 10 year old son lives with his father and step-mother. I have paid child support all of the year of 2005. My son’s father is on disability and therefore cannot file a tax return. However, my childs step-mom did work PART of the year and now is saying that she is going to use my son as a tax deduction on her returns. I have always used my son and this will really mess things up if I don’t get to use him. So who has more of a right to use the deduction. Step-mom or myself? Also, what would happen if we both used him and how long would it take for this to be noticed?

]]> http://vehicletaxdeduction.com/can-i-use-my-child-as-a-tax-deduction-or-does-his-step-mom-have-that-right.htm/feed 13 How will the New Car Tax deduction work for me? http://vehicletaxdeduction.com/how-will-the-new-car-tax-deduction-work-for-me.htm http://vehicletaxdeduction.com/how-will-the-new-car-tax-deduction-work-for-me.htm#comments Sat, 24 Apr 2010 08:42:23 +0000 admin http://vehicletaxdeduction.com/how-will-the-new-car-tax-deduction-work-for-me.htm I bought a 2009 Potiac G6 in May of 2009 so I qualify for the New Car Tax deduction (NOT talking about Cash for Clunkers here). I make a good wage for a single person but never end up having to pay in additonally at the end of the year for taxes and always have gotten a tax return. How will this tax deduction work for me? Will I just get a larger return?

]]> http://vehicletaxdeduction.com/how-will-the-new-car-tax-deduction-work-for-me.htm/feed 1 qestion in deductions, real estate tax? http://vehicletaxdeduction.com/qestion-in-deductions-real-estate-tax.htm http://vehicletaxdeduction.com/qestion-in-deductions-real-estate-tax.htm#comments Tue, 20 Apr 2010 12:39:25 +0000 admin http://vehicletaxdeduction.com/qestion-in-deductions-real-estate-tax.htm Here is my situation: real estate tax for home, 00, doing tax return with taxcut

I entered real estate tax in Form 8829 for business use of my home, it deducts 0 in business expense for the 10% use of home business on Schedule C.

when I am upto the real estate tax in deductions, should I enter 00 as my real estate tax?

I am confusing since I see this in taxcut:
What about real estate tax that I entered for my business?
If you already entered real estate taxes in the Your Own Business (Schedule C) topics, don’t enter those same taxes again here.

thanks any helps.

]]> http://vehicletaxdeduction.com/qestion-in-deductions-real-estate-tax.htm/feed 2 Income tax deductions??? http://vehicletaxdeduction.com/income-tax-deductions-3.htm http://vehicletaxdeduction.com/income-tax-deductions-3.htm#comments Sun, 18 Apr 2010 12:37:13 +0000 admin http://vehicletaxdeduction.com/income-tax-deductions-3.htm Hello, i am trying to get the most of my tax return this year. I am a single mom, my son is elementary school he attends daycare And i just purched a new used car. How can i file? will the new car count as a deduction?

]]> http://vehicletaxdeduction.com/income-tax-deductions-3.htm/feed 6 Can I claim a deduction for foreign dependents on tax return? http://vehicletaxdeduction.com/can-i-claim-a-deduction-for-foreign-dependents-on-tax-return.htm http://vehicletaxdeduction.com/can-i-claim-a-deduction-for-foreign-dependents-on-tax-return.htm#comments Thu, 15 Apr 2010 18:41:56 +0000 admin http://vehicletaxdeduction.com/can-i-claim-a-deduction-for-foreign-dependents-on-tax-return.htm I am a foreigner working in the US. I file the resident 1040 tax return. I support my parents abroad. Can I claim tax deduction on my tax return? If so how?

]]> http://vehicletaxdeduction.com/can-i-claim-a-deduction-for-foreign-dependents-on-tax-return.htm/feed 4 Car Racing Business Deductions Tax? http://vehicletaxdeduction.com/car-racing-business-deductions-tax.htm http://vehicletaxdeduction.com/car-racing-business-deductions-tax.htm#comments Thu, 15 Apr 2010 10:53:33 +0000 admin http://vehicletaxdeduction.com/car-racing-business-deductions-tax.htm I am working on a tax return that has a small side business of car racing. He has many expenses which are legitimate deductions the thing is that i am unsure of where to put the expenses for engine parts and methanol fuel. Any help would be greatly appreciated

]]> http://vehicletaxdeduction.com/car-racing-business-deductions-tax.htm/feed 3