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Are private school fees tax deductible in Australia?
In Australia, Private school fees are not tax deductible.
Are tax preparer fees deductible?
Yes
Are the fees for life line screening tax deductible?
Yes.
Are Credit Card fees deductible?
If you're running a business, any fees you have to pay to accept credit cards, any fees to have a checking account, charges to have an armored car company pick up bank deposits, are all business expenses and are deductible.
Are condominium fees tax deductible?
When you live in a condominium, you pay assessments which your board budgets each year to pay operational expenses for the community. These expenses are not typically tax deductible by an owner who occupies a unit. In your state, in your tax situation, best practices dictate that you consult with your tax attorney to identify whether or not assessments are deductible from your tax bill. Optional fees, such as amenities-use fees may be treated differently by your tax adviser in your situation, especially if you pay the fees for the benefit of a tenant and your condominium is an investment and not your home.
Is the seller concession tax deductible?
is seller concession a tax deduction for me the seller
Are private school fees tax deductible in Australia?
In Australia, Private school fees are not tax deductible.
Is a seller's concession leagal in the state of Pennsylvania?
It is legal, and depending how much you put down depends on the concession allowed.
Are Association Fees Tax Deductible?
Homeowner association fees are NOT deductible on the individual taxpayers 1040 income tax return.
Are vehicle registration fees Michigan State tax deductible?
Yes, vehicle registration fees are tax deductible as they are considered a tax on personal property. However if the car was made before 1984, the registration fees may not be deductible.
Is acupuncture fees a deductible medical expense?
Yes, to the degree your medical expenses are deductible
Are vehicle registration fees tax deductible in kansas?
Registration fees are only deductible when based on the value of the vehicle. KS registration is a set amount bsaed on the weight so they are not deductible. Your Property Taxes (paid at the same time) are deductible.
Are drivers training fees tax deductible?
No
Are tax preparer fees deductible?
Yes
Where does the seller's concession appear on the HUD1?
Under Amount Paid by or in Behalf of Borrower.
Are vehicle registration fees Federal tax deductible?
No
Is the seller's concession included in the fees?
The wording of your question needs some work. I am curious which fees you are referring to. Generally in a home purchase, a seller is allowed to pay between 3%and 6% in "seller concessions". These concessions are basically a total of the sales price that they are allowed to contribute to the fees the buyer accrues to buy the house. These fees may include appraisal fees, title company fees, lender fees, discount points, and any other fee associated with the transaction such as home warranties, pest inspections, surveys, etc. Each lender has their own list of what they consider to be "allowable fees" payable by the seller. Some allow only 3% while others allow up to 6%. Some lenders allow only "non-recurring fees" to be paid which means that prepaid interest, hazard insurance, and Mortgage insurance premiums cannot be paid by the seller. Others allow any and all fees to be paid. It is important to ask what allowances the lender allows for seller concessions. This is especially important when you are obtaining 100% financing and you expect the closing fees to be paid by the seller. You may get to closing and find that the seller is not allowed to pay your hazard insurance and end up having to write a check for 1 yrs worth of insurance premiums at the closing table when you expected to pay nothing.
