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How much can you claim for mileage for medical purposes on your 2008 income tax return?
Wiki User
∙ 15y ago
For 2008, you can deduct $.19 per mile driven January 1 - June 30, and $.27 per mile driven July 1 - December 31.
Wiki User
∙ 15y ago
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Can medical bills from an accident be claimed on taxes if there was a settlement?
Not if the settlement is medical expenses is more than the actual medical expense were. If the expense have already been deducted on your income tax return and you receive a settlement after that then you will have some recovery income that will have to be reported as income on your income tax return.
Are state income tax payments deductible on a corporate tax return?
Yes. State income (and net worth based) taxes are deductible from taxable income for Federal income tax purposes.
Can a federal income tax return transcript can be use for immigration purposes?
Absolutely , they prefer transcripts over your tax return copy , it shows that your return was filed and its IRS certified
Who should file Form 1065?
Form 1065 is titled U.S. Return of Partnership Income. It must be filed by every domestic partnership that receives income and incurs expenditures which qualify as deductions or credits for federal income tax purposes. LLCs that are classified as partnerships for federal income tax purposes also are required to file Form 1065.
If your husband who died with no will had credit card debt in his name received 1099-C cancellation of debt must you list this income on tax return?
You must include all reportable income on the final tax return. Under section 61 of the Internal Revenue Code, forgiveness or discharge of indebtedness is gross income for tax purposes, so looks like that is what you need to do.
Can medical bills from an accident be claimed on taxes if there was a settlement?
Not if the settlement is medical expenses is more than the actual medical expense were. If the expense have already been deducted on your income tax return and you receive a settlement after that then you will have some recovery income that will have to be reported as income on your income tax return.
Are state income tax payments deductible on a corporate tax return?
Yes. State income (and net worth based) taxes are deductible from taxable income for Federal income tax purposes.
Can a federal income tax return transcript can be use for immigration purposes?
Absolutely , they prefer transcripts over your tax return copy , it shows that your return was filed and its IRS certified
Can you file taxes for legal and medical bills if on SSI?
If you want to file a tax return YES you can. SSI (supplement security income) would not be taxable income that you would report on your 1040 income tax return. If you do NOT have any taxable worldwide income that you are required to report on your federal 1040 income tax return it would NOT benefit you to file a federal income tax return and you would NOT meet any of the MUST FILE A INCOME TAX RETURN requirement's. If you want to file a tax return YES you can.
Are expenses paid for Life Line Screening a medical deduction on income tax return?
Not in Canada.
Can you claim mileage for driving to college on tax return if unemployed and all income is from unemployment and are c in a retraining program?
No. But the situation you describe means you won't have any taxable income anyway.
Who should file Form 1065?
Form 1065 is titled U.S. Return of Partnership Income. It must be filed by every domestic partnership that receives income and incurs expenditures which qualify as deductions or credits for federal income tax purposes. LLCs that are classified as partnerships for federal income tax purposes also are required to file Form 1065.
What do you do if you forgot to report income of a closed 401k from which employer deducted 20 per cent for Fed Tax purposes?
File an amendment to your return
Can you deduct from your taxes money given to elderly parents to help supplement their lack of income and or pay their medical bills?
No deduction on your income tax return for the gifts to your parents.
Will inaccurate self employed tax return effect my auto injury claim?
Inaccurate self employed tax return and auto injury claim should not have any affect on each other for income tax return purposes.
When filing for the federal income tax return do you have to attach schedule a for the state income tax return?
No, when filing for the federal income tax return, you do not attach the Schedule A for the state income tax return.
Is welfare tax free?
Welfare payments that you receive for assistance with your necessary living expenses form government sources or any other source would NOT be taxable income that you would report on your 1040 income tax return for income tax purposes.
