April 15th, 2008
Sigh.
It’s the day after tax season. Folks are tired and cranky (trust me, I get the emails). Nobody likes to pay taxes. And every year, you swear to do better, plan more, save more. Why not actually do it this year?
There are a couple of things that you can do throughout […]
By Kelly -- 0 comments
April 14th, 2008
Taxpayer asks:
I have a quick question regarding tax deductions. My husband and I are both military. I am National Guard and he is active duty National Guard. It was brought to my attention that we can deduct internet service & cell phone service as a deduction under unreimbursed employee expenses.
The justification […]
By Kelly -- 0 comments
April 14th, 2008
Taxpayer asks:
The reader who asked the question (regarding your Feb 28 cell phone deduction post) seemed to presume she’d deduct the cost of the “extra line” (which is usually a minimal cost), but let’s say she was just getting her phones set up from scratch. Could she have given her brother the primary line […]
By Kelly -- 0 comments
April 14th, 2008
Taxpayer asks:
My childcare provider says that she doesn’t know her TIN? but she has her state G.E. tax license number. She doesn’t want to give me her social security number, which is understandable, but I do want credit for this expense. What can I, or should I, do?
When I plugged in the […]
By Kelly -- 0 comments
April 9th, 2008
Taxpayer asks:
I spent most of last year paying off my credit card. A friend told me that this was deductible but I don’t know where to put it on my taxes. Where does it go?
Taxgirl says:
I’m guessing that your friend hasn’t filed a tax return since the Reagan era…
Personal debt (other than […]
By Kelly -- 1 comment
April 8th, 2008
Taxpayer asks:
Hi taxgirl,
There is a woman at our church who recently lost her home in a storm. A few of us put our heads together and decided to take up a collection for her. We collected money, housewares, bedding, you name it. She lost almost everything that she owned so we started […]
By Kelly -- 0 comments
March 22nd, 2008
Taxpayer asks:
Last year, I lost my job. I haven’t found a full time job yet so I have been paying for my health insurance out of pocket by COBRA.
Is this deductible on my taxes? A friend told me that it was but I thought only visits to the doctor and prescriptions were.
Thanks for […]
By Kelly -- 5 comments
March 5th, 2008
Taxpayer asks:
I’m a Union Steamfitter
As part of a Union am I listed as a Sub Contractor? I work for a company.
Taxgirl says:
If you work for a company and you receive a form W-2, then you are an employee of that company and not a subcontractor. As I understand most unions, you work […]
By Kelly -- 0 comments
March 4th, 2008
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Taxpayer asks:
My daughter is in her second semester in Troy University. She has never had an income so we are paying everything from tuition, books, clothes, her apartment, providing a car, cell phone, gas etc. I know that I can deduct the tuition, what […]
By Kelly -- 1 comment
February 28th, 2008
In recent weeks, I’ve received a flurry of emails from parents asking about whether band uniforms, soccer cleats and other expenses related to children are deductible. I thought it might be useful to have a checklist of some child-related deductions that you may be overlooking.
1, Child tax credit. If your modified AGI (adjusted […]
By Kelly -- 0 comments
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