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 When i get my rebate of 600.00 will it be taxed and i get less or is it the whole amount?
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 If I am 27 years old and still live with my parents can they claim me on their taxes as a dependent?
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 Can I claim my fiance as dependent on 2007 return if he is not working the whole year and live with me all yea
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 Is it possible to report a person or company to the IRS anonymously?

Additional Details
Thank you to those who have responded....in answer to some of the comments....I know this question makes me seem like an awful person, however I have been treated ...


 Joint or single tax return?
me and my husband are married by common law.. he is the only one working while i am going to school.. should he file single or joint on his tax return? which one would get us more money?...


 Shouldn't I have gotten my W-2 from my ex employer yet?
It's mid february and I haven't received anything from him so far...doesn't he have to send it out soon?
Additional Details
What if I can't get a hold of him? I ...


 I want to change the name on the PAN CARD.?
i want to change the name on the PAN CARD.
what is the procedure in Jaipur and how much it will cost ? is it necessary to take a help from a CA ? b'coz i want to do it myself ,...


 Who can I tell -report if someone is trying to avoid payinmg tax?
Where can I compain about someone who is trying to avoid tax.......


 Can India will superpower in 2020,?
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 Can I claim my child (born in Nov.) on my income tax this year as a dependant?
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 What's your state's sale tax??
Wisconsin is 5.5%
Additional Details
OMG!!!! lmao i thought wisconsin was bad. =X

new question.. cigarettes... up a dollar each pack for you?...


 I'm 18 years old student working part time job.. making 7 bucks an hour..?
I'm 18 years old student working part time job.. making 7 bucks an hour.. I've been having federal taxes, state taxes, medicare, and north Carolina withholding taken out from my paycheck ...


 On a W-4 Form It says "If married but withholding at single rate" what does that mean?
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 I am a newlywed. Would it be better to file our taxes seperately or together?
I have a child that I am used to claiming the child tax credit. I also am used to filing head of household. Do we still file one of us as head of household whether we file jointly or seperately? C...


 I have got another mail from microsoft awards which won me 5000pound .is it true?
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 I havent filed my taxed yet, Am I in trouble?
I never filed and extension and still havent reported my earnings for 2005. CAn I still walk into a tax place and have them processed? What is my penalty? Im single 1. no assets, under 30 grand....


 If I win a vacation worth $7000, do I have to pay taxes on it?
The vacation is supposedly worth $7k, plus $1k spending. I've done the math and if the whole thing is taxable than it's about $3200. I could buy the vacation for less than that! Is the ...


 If Married, is it more convenient to file taxes as "single" or "married"?
I just got married and next year will be the first time I will file taxes. In case of a divorce in the future, is it better if now I file taxes still as single or it doesnt make a difference if I ...


 What would happen to me if I "forgot" to pay $120,000 of my taxes?
I pay all of my taxes....


 Can i claim my daughter on my taxes if i have 2 dependants on my work tax forms?
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Zack R
Are college books tax decuctible?
                     
 




Mona
Yes... books, tuition etc....
I did my taxes with turbotax.com and one of the sections were regarding my college expenses.. I had to break down expenses for tuition AND books.

BTW, if you don't have anything difficult to figure out you should go to http://turbotax.intuit.com/taxfreedom/ and do your taxes for free.. Why pay when u can do your own taxes?.. Its self explanatory and it guides you through all the sections allowing you to get different credits, including lifetime education credit, etc.... Ive been doing mine and my mothers for the last two years with no problem.


amanda
Rating
yup


bold4bs
Only if you spell check them.


Judy1
Usually not. They are only deductible if you are required to buy them from the school as a condition of attending the class - buying them from the school book store doesn't count. This is one of the most misunderstood parts of the education credits, which are for tuition and fees, not books, equipment and supplies that you aren't required to buy from the school to attend the class - when this is required, it's generally shown as a course fee and is then deductible.


bubbly
no college materials are not tax deductible my husband and i just filed and he went to college but they said that it was not included. but you can file your tuition on your taxes.


shadowsthathunt
Rating
Yes they are, as are your classes. Make sure to save the reciepts. You are also entitled to take off anything you purchase that has to do with your major. For example I was a music/performing arts major and as long as I could prove that, all of my guitars, amps, sheet music, cd's etc were tax wright offs. I was even able to take off my tickets to see broadway shows because I was a music/performing arts major and needed to see shows for my classes, make up, costumes all of this adds up to a nice write off. However, there is a limit on what you can claim and there is also a base amount of money you have to spend before you can claim it... so talk to your tax guy and see what he sais you can take off.


thatguy
Rating
i dont think you have to pay any tax on them when you buy them


Wayne Z
Usually not.

To be eligible for the tuition deduction or either of the two education credits, the school must require you to purchase the books from them. While most schools have the books available, they do not "require" you to buy them from them so they are not eligible for any tax benefit.


kny390
Rating
No. However, look into the Lifetime Education Credit, the $4000 a year college credit or there is one for about $2000 which I believe is a one time use. Talk to your tax accountant.


curmudgeon
nothing about college is tax deductible.


lost.in.love
Rating
Yes. No matter if you're selling or buying. Unless you're selling it in a garage or something.


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