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What else can I help you with?
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 taxes paid for the previous year on my tax return?
Yes, you can deduct taxes paid for the previous year on your tax return if you itemize your deductions.
Can I deduct federal taxes paid for a prior year on my current tax return?
No, you cannot deduct federal taxes paid for a prior year on your current tax return.
Can I deduct state taxes paid for the previous year on my tax return?
Yes, you can deduct state taxes paid for the previous year on your tax return if you itemize your deductions instead of taking the standard deduction.
How can I deduct child care expenses for the year 2022 on my taxes?
To deduct child care expenses on your taxes for 2022, you can use the Child and Dependent Care Credit. You must have paid for child care services to enable you and your spouse to work or look for work. Keep records of the expenses and provide the necessary information on your tax return to claim the credit.
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 taxes paid for the previous year on my tax return?
Yes, you can deduct taxes paid for the previous year on your tax return if you itemize your deductions.
Can I deduct federal taxes paid for a prior year on my current tax return?
No, you cannot deduct federal taxes paid for a prior year on your current tax return.
Can I deduct state taxes paid for the previous year on my tax return?
Yes, you can deduct state taxes paid for the previous year on your tax return if you itemize your deductions instead of taking the standard deduction.
What year was it 156 years ago?
The question was asked in the year 2016.So to work this out you need the deduct 156 from 2016.It would have been 1860, 156 years ago.
How do you take taxes out of tip money?
You will need to deduct your own taxes from cash tips. You can do this by picking a certain percentage to take out and then put it in a safe or a bank account in case you have to pay in taxes for the year.
Can a Self employed person deduct health insurance premiums on their taxes?
Yes, beginning in tax year 2010, you can deduct health insurance premiums when arriving at income subject to SE tax.
Who can you claim on taxes?
You can often times deduct the cost of hiring a tax professional to do your taxes in the following year. Given the generic nature of your question, I'd strongly suggest doing just that.
Can you deduct lost wages on your taxes due to caring for ill parents?
No. Just to start, you can't deduct income you didn't make or report. There is a lot of money I didn't make last year....I didn't win the $100,000,00 lottery..so while I didn't report it or pay taxes on it (I could)....I certainly can't deduct it. The lottery example is inapplicable to this question. Although the answer (No, you can't deduct lost wages) is correct, lottery winnings are not wages.
Can you count your tax payment from a previous year's taxes on the current tax form?
If you are talking about your amount paid with your federal tax return, the answer is no. You cannot deduct your previous years federal income tax on your current years tax return. You can deduct on Schedule A the amount paid on your State income tax return if you itemize your taxes.
How can I deduct child care expenses for the year 2022 on my taxes?
To deduct child care expenses on your taxes for 2022, you can use the Child and Dependent Care Credit. You must have paid for child care services to enable you and your spouse to work or look for work. Keep records of the expenses and provide the necessary information on your tax return to claim the credit.
How do you use the word deduction in a sentence?
From this minor clue, I deduct that the perpetrator in this case was the old man we interrogated earlier!
