0
What else can I help you with?
Is taxable profit the same as net profit?
Business net profit is adjusted for things like tax depreciation as well as some items which are not allowed by tax department as expense or income or deduction to arrive at taxable profit.
Is there a medicare tax deduction?
No
Are settlement charges to borrower a tax deduction?
On settlement statement from HUD there is a settlement charge. Is this entire charge a tax deduction?
Can I get a tax deduction for my roth IRA?
There is no Roth IRA tax deduction, but this does not mean that the Roth IRA does not have tax implications. More information can be found by asking an accountant.
What is a pre-tax deduction?
A deduction taken out of payroll for something, reducing the income tax is applied to. Hence you get to pay that item with "pre tax" money...which is cheaper than after tax money.
Can you use items you paid for to use at work as a tax deduction?
If unreimbursed for them - generally YES.
Is a rainbow vacuum a medical tax deduction?
No, a rainbow vacuum is not a medical tax deduction.
Is taxable profit the same as net profit?
Business net profit is adjusted for things like tax depreciation as well as some items which are not allowed by tax department as expense or income or deduction to arrive at taxable profit.
What is the standard deduction for a child on my tax return?
The standard deduction for a child on your tax return is 1,100 for the 2021 tax year.
Which reduces your tax liability more, a deduction or a credit?
A tax credit reduces your tax liability more than a deduction.
Can I claim rent as a tax deduction on my income tax return?
Yes, you generally cannot claim rent as a tax deduction on your income tax return.
Java code for tax deduction in database connection?
Java code for tax deduction in database connection?
What is the standard deduction for children on federal tax returns?
The standard deduction for children on federal tax returns is 1,100 for the 2021 tax year.
Is there a medicare tax deduction?
No
Are cats a tax deduction?
Pets are not tax deductions.
What is the standard deduction for kids and how does it impact their tax liability?
The standard deduction for kids is 1,100 for the 2021 tax year. This deduction reduces the amount of a child's income that is subject to taxation, lowering their overall tax liability.
Are settlement charges to borrower a tax deduction?
On settlement statement from HUD there is a settlement charge. Is this entire charge a tax deduction?
