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If you are paying for your nephew's college tuition can you deduct these expenses from your income tax?
Wiki User
∙ 16y ago
Clearly not, lets rephrase the question. "can i deduct my gym membership fees from my income tax" or maybe "can i deduct any money i spend on holidays from my income tax" Income, its a clue!!! its got the word IN in it! Outgoings are not deducted from income tax. There may be a declaration area on the form you can fill out to state this
Wiki User
∙ 16y ago
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Can you deduct commuting expenses on tax return?
Only if you work in two different locations. You can deduct the expenses of getting between the locations, but not the expenses of getting to and from home.
Can you deduct home office expenses?
This could be possible if you have any qualifying home office expenses to deduct. Click on the below related links
What can a registered nurse deduct on a tax return in AZ?
They can deduct their expenses for uniforms, transportation, cleaners, boats and coats. They can also deduct their expenses they did during travels seeing patients for help provided. They can also deduct small tools they bought for their services and they can deduct meals and entertainment for work related. They can deduct mileage travels during work.
What are expenses that a taxpayer is allowed to deduct from adjusted gross income?
exemptions
Can you use flexible spending account and claim medical expenses?
Yes but you can NOT deduct the medical expenses that are paid for from your FSA account.
Can you deduct your sons college tuition?
Type your answer here... can you deduct your college student from your income tax if he makes $15000 a year as a coop
Deduct for College Tuition?
Many parents dread the tax season. They find out how much they owe in taxes and can become quite upset at the amount. Owing money in taxes is quite the drag. One way to eliminate high tax expenses is for parents to pay for the tuition of their children. If parents foot the bill for tuition expenses, then they are able to qualify for a $4,000 deduction on their taxes. This can be a great incentive for parents to pay for the education of their children. However, parents are unable to claim more than $4,000 in tax deductions for paying tuition expenses.
Can you deduct commuting expenses on tax return?
Only if you work in two different locations. You can deduct the expenses of getting between the locations, but not the expenses of getting to and from home.
Can you deduct home office expenses?
This could be possible if you have any qualifying home office expenses to deduct. Click on the below related links
What about co-payments can you deduct them?
Yes, if you are itemizing medical expenses you can deduct co-pays and prescriptions.
Can you deduct tuition you pay for your grandson on your federal taxes?
Yes.
What can a registered nurse deduct on a tax return in AZ?
They can deduct their expenses for uniforms, transportation, cleaners, boats and coats. They can also deduct their expenses they did during travels seeing patients for help provided. They can also deduct small tools they bought for their services and they can deduct meals and entertainment for work related. They can deduct mileage travels during work.
How much can Nathan deduct for medical expenses?
$1275
What are expenses that a taxpayer is allowed to deduct from adjusted gross income?
exemptions
How do you put misc cash spending in tax return?
I am assuming you are referring to an individual basis. You cannot deduct miscellaneous cash spending on a personal tax return. You cannot deduct household expenses on your tax return either. You cannot deduct your regular cost of living expenses.
Can you deduct expenses incurred before formally beginning a business?
Certainly - If one is able to establish that expenses were related to the business
Can you use flexible spending account and claim medical expenses?
Yes but you can NOT deduct the medical expenses that are paid for from your FSA account.
