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If a taxpayer wants to deduct the legal fees of guardianship, then part of these legal fees will need to have to do with the taxpayer trying to collect money for the guardianship. For example, if the guardian receives any child support or other unearned income from the guardianship, separate tax papers need to be filed.
What else can I help you with?
Is Nebraska's wheel tax deductible?
In Nebraska, the wheel tax is not deductible on your federal income tax return. The wheel tax is a local tax imposed by certain counties or municipalities, primarily for funding road maintenance and infrastructure. While you may be able to deduct certain vehicle-related expenses, such as sales tax on vehicle purchases or state registration fees, the wheel tax itself does not qualify as a deductible expense. Always consult a tax professional for personalized advice.
Are contributions to public television tax deductible?
Yes, contributions to public television are generally tax deductible if the organization is classified as a 501(c)(3) nonprofit. Donors can typically deduct their contributions on their federal income tax returns, subject to certain limitations and regulations. However, it's essential to keep receipts and consult a tax professional for specific guidance related to individual circumstances.
What are A-T-L Fringes in the movie business?
Out of Town - per Diem expenses usually used to differentiate between expenses for tax jurisdiction purpose's.
What is guardianship?
Guardianship is the position of acting as a guardian to someone or something.
Is child support tax deductible if not then why?
Unlike alimony, child support is not tax-deductible and the receiving parent does not have to pay taxes on the income. Why? Because child support is designed to replace the additional resources lost when the parents divorced. If you were still married, you wouldn't be able to deduct the cost of little league uniforms or a new dress for the prom. As a parent it is your responsibility to provide financially for your child, whether he lives with you or not.
Is funeral expenses tax deductible?
NO. Funeral expenses are NOT deductible on the individual 1040 income tax return.
Is paying back relocation expenses tax deductible?
Paying back relocation expenses is not tax deductible for individuals.
Are funeral expenses deductible?
funeral expenses are not deductible on an individuals tax return as they are not medical expenses. However, if and individual has an estate, then the costs are deductible on their estate tax return (form 1041).
Are child care expenses tax deductible?
Yes, child care expenses can be tax deductible under certain conditions.
Are day care expenses tax deductible?
Yes, day care expenses can be tax deductible under certain conditions.
Is business travel tax deductible?
Yes, business travel expenses are generally tax deductible if they are necessary and ordinary expenses related to your business.
Are nursing home expenses tax deductible?
Yes, nursing home expenses are considered to be tax deductible. However, the person deducting these expenses on their tax return must have receipt proof of the items bought.
Are dry cleaning expenses tax deductible?
Yes, dry cleaning expenses are tax deductible. If you don't know where to put it on your taxes, ask an accountant.
Which college expenses are tax deductible?
There are a few college expenses that are tax deductible. Tuition up to $4,000 can be deducted. Speak with an accountant for more details.
Are concierge fees tax deductible?
Concierge fees are generally not tax deductible as they are considered personal expenses.
Are expenses related to learning disabilities tax deductible?
No they are not deductible in most cases.
What child expenses are tax deductible?
Child expenses that are tax deductible typically include childcare costs, medical expenses, and education expenses such as tuition and fees. Additionally, some tax credits may be available for expenses related to adoption or dependent care.
