0
Can you claim personal miles on tax return - if you get a company paid car allowance?
Wiki User
∙ 15y ago
No -- your personal mileage is NEVER deductible. In fact, in your situation, the personal mileage use of the employer provided auto is taxable benefit. (Note: Commuting to and from work is considered personal use).
Wiki User
∙ 15y ago
Add your answer:
Earn +20 pts
Can you claim yourself as an allowance on your w-4 form?
no
Can you claim your child if they file taxes too?
Yes as long as all of the rules are met by and the child to be your qualifying child dependent on your income tax return. Dependent not allowed a personal exemption. If you can claim an exemption for your dependent, the dependent cannot claim his or her own personal exemption on his or her own tax return. This is true even if you do not claim the dependent's exemption on your return or if the exemption will be reduced under the phaseout rule described under Phaseout of Exemptions, later. Make sure that the dependent indicates on the 1040 income tax return that him/her is using indicates this and cannot claim the 3650 exemption amount on the income tax return that is being filed.
What is a w-4?
Use Form W-4 to figure the right amount of federal income tax to have withheld from your paycheck. You may want to review your withholding every year, especially after finishing your tax return. You can have more, or less, income tax withheld from your paycheck. What's a Withholding Allowance? It represents your total tax deductions divided by the personal exemption rate. The withholding allowance is related to, but not the same as, the number of dependents you can claim on your tax return. Learn how to fill one out at: http://taxes.about.com/od/preparingyourtaxes/ht/W4.htm
Do you have to pay tax on allowances in Australia?
If you receive an allowance from your employee it does have to be included as income on your tax return which means that yes you have to pay taxes on it BUT many allowances you can claim back as a deduction so in fact they cancel each other out so no tax will be paid on that amount. It really depends on what your occupation is and what the allowance is that you are getting. (And whether it is actually a fringe benefit you are getting not an allowance). Additional Info: Not all allowances need to be included on your PAYG Payment Summary which means you do not need to put them on your tax return therefore do not pay tax on them (and you are also not allowed to claim a deduction against them) "Bona fide allowances" such as travel and meal are ones that must be included on your PAYG payment summary and you can also claim back the actual expenses incurred on your travel/ meal upto the ATO limit without substantiation, so sometimes you actually have a bigger claim than the amount of allowance you added as income so you will get a refund amount back.
Can you claim your husband on your tax return?
If you're Married Filing Jointly, then you're allowed one personal exemption for you and one exemption for your husband. You can't claim your spouse as a dependent. Even if you're working and your spouse isn't, you can't claim your spouse as a dependent because you're allowed to claim two personal exemptions for the two of you as a married couple filing jointly.
Your son has global developmental delay can i claim disability living allowance?
can I claim disability allowance if my child suffers from global delay
How is sale settlement structured?
A structured settlement refers to when a personal injury claim is paid at periodic intervals. However this can be sold so that a company buys the payments in return for a lump sum.
Is company time or personal time used for doctor appointments on a workmans comp claim?
Personal time
Can you claim jobseekers allowance while in university?
no
If you win a lawsuit in a personal injury accident do you have to claim it as income on your income tax return?
Yes!
Can you claim yourself as an allowance on your w-4 form?
no
Can you claim your child if they file taxes too?
Yes as long as all of the rules are met by and the child to be your qualifying child dependent on your income tax return. Dependent not allowed a personal exemption. If you can claim an exemption for your dependent, the dependent cannot claim his or her own personal exemption on his or her own tax return. This is true even if you do not claim the dependent's exemption on your return or if the exemption will be reduced under the phaseout rule described under Phaseout of Exemptions, later. Make sure that the dependent indicates on the 1040 income tax return that him/her is using indicates this and cannot claim the 3650 exemption amount on the income tax return that is being filed.
What is a 4?
Use Form W-4 to figure the right amount of federal income tax to have withheld from your paycheck. You may want to review your withholding every year, especially after finishing your tax return. You can have more, or less, income tax withheld from your paycheck. What's a Withholding Allowance? It represents your total tax deductions divided by the personal exemption rate. The withholding allowance is related to, but not the same as, the number of dependents you can claim on your tax return. Learn how to fill one out at: http://taxes.about.com/od/preparingyourtaxes/ht/W4.htm
What happens to a publicly traded company when its stock goes to zero?
you can claim a CAPITAL GAIN LOSS ON YOUR TAX RETURN FOR THE YEAR IF THE COMPANY GOES BANKRUPT that's it.
Will your credit card company claim your state tax return since theyre doing wage garnishment?
Absolutely ! The tax return is an asset - to be used to offset your debt !
What form is used to determine the number of allowance a taxpayer can claim?
W-4
has anyone heard of amedical alert company called personal senior monitoring?
you can submit a claim through IRS and through your county of residence with documents to support your claim
