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What else can I help you with?
Is tax deductible if buy goods from Goodwill shop?
A private person who buys an article from Goodwill is not eligible for a tax deduction. However, if a private person makes an acceptable donation to Goodwill, she is eligible for a tax deduction.
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.
Is tax deductible if buy goods from Goodwill shop?
A private person who buys an article from Goodwill is not eligible for a tax deduction. However, if a private person makes an acceptable donation to Goodwill, she is eligible for a tax deduction.
Will loss of principal on Roth IRA investments be eligible as a tax deduction for 2008 tax year?
No.
Is there really such a thing as a car donation tax deduction?
If you donate your car to a charity you are eligible to receive a ta credit.
What is the maximum amount of assets a descendent can transfer to an eligible spouse estate tax free?
As of 2021, a descendant can transfer an unlimited amount of assets to an eligible spouse free of estate tax through the unlimited marital deduction. This deduction allows for the tax-free transfer of assets between spouses, regardless of the amount, as long as the receiving spouse is a U.S. citizen.
Is a rainbow vacuum a medical tax deduction?
No, a rainbow vacuum is not a medical tax deduction.
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?
Can one get tax deduction under 80C for term deposits with Non Banking Finance Companies?
No. Only certain special Fixed Deposit schemes of 5 year tenure issued by commercial banks in India are eligible for 80C deduction.
Can senior citizen home owner file taxes on home repair when there is no mortgage?
Whether there is a mortgage or not, home repairs are generally not a tax deduction. CERTAIN home repairs for improving energy efficiency of a home (insulation, better windows, etc) MAY be eligible for a tax credit (better than a deduction). However, you really need a tax advisor.
How can you be eligible for the P F deduction?
Eligibility for P.F. deduction is when an organization has 20 or more employees working.
