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What else can I help you with?
Can you get a return if you owe back taxes?
If you owe back taxes, the IRS will automatically deduct that amount from your refund. Depending on that amount, you can only receive what is left from that deduction.
Can you deduct the amount you pay your tax account?
I am not sure what you mean by this or what kind of tax account you may be referring to.On your federal income tax return, you may deduct payments of various types of state and local taxes that are imposed on you within limitations. These include real estate, state and local income taxes, and sales taxes (but not both sales taxes and income taxes). You may not deduct federal incomes taxes. You may not deduct interest or penalties.A few states let you deduct federal income taxes on your state return.
Can I deduct the price of my property rental from my taxes?
If you are the one renting the property you can not deduct this from your taxes. If you are the landlord you can receive a deduction on your taxes for owning the property.
Is section 179 still valid for taxes Can you still deduct equipment?
Yes. Very much so. It isn't that you can deduct equipment..it is (and was) that you can currently expense (rather than capitalize, and deduct through depreciation over years), up to an certain amount. That amount is being substantially increased.
Can you deduct payroll taxes?
A individual taxpayer cannot deduct payroll taxes on the individual taxpayers income tax return.
What amount can I deduct from my taxes for a charitable car donation?
You can deduct about 500 dollars through car donation
Can you deduct cancer insurance from your taxes?
Generally, the premiums are not deductible, and benefits would not be taxable income.
Can you get a return if you owe back taxes?
If you owe back taxes, the IRS will automatically deduct that amount from your refund. Depending on that amount, you can only receive what is left from that deduction.
Can I deduct points on a refinance from my taxes?
No, you cannot deduct points on a refinance from your taxes.
Can I deduct travel to and from work on my taxes?
No, you cannot deduct travel to and from work on your taxes.
Can you deduct the amount you pay your tax account?
I am not sure what you mean by this or what kind of tax account you may be referring to.On your federal income tax return, you may deduct payments of various types of state and local taxes that are imposed on you within limitations. These include real estate, state and local income taxes, and sales taxes (but not both sales taxes and income taxes). You may not deduct federal incomes taxes. You may not deduct interest or penalties.A few states let you deduct federal income taxes on your state return.
Can I deduct losses on stocks from my taxes?
Yes, you can deduct losses on stocks from your taxes, but there are limits on how much you can deduct in a given year.
Can I deduct state taxes from my federal taxes?
Yes, you can deduct state taxes from your federal taxes if you itemize your deductions on your federal tax return.
Can I deduct the price of my property rental from my taxes?
If you are the one renting the property you can not deduct this from your taxes. If you are the landlord you can receive a deduction on your taxes for owning the property.
Can you claim childcare on taxes as single parent?
Yes you can claim childcare. As far as I know there is no set amount you can deduct.
Can I deduct groceries on my taxes?
No, you generally cannot deduct groceries on your taxes as they are considered personal expenses and not tax-deductible.
Can you deduct charitable contributions in 2022 on your taxes?
Yes, you can deduct charitable contributions on your taxes in 2022 if you itemize your deductions.
