 Do you have to report prostitution income on your taxes? |
Can I write off a pimp cane as a business expense?
Additional Details
Jeff: The invisible ink on the card clearly said that you need to purchase all ten parties at once. Is it my fault ... |
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 Why didn't she get the $300 per child for stimulus rebate? |
I was talking to my mother in law this evening and I told her I would look up her information on her check to see if it had been posted yet, it had been.
She is only getting $300 for herself, ... |
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 Can I claim an unemployed adult who lives with me? |
| My boyfriend and I live together and he has been out of work for a while. I pay 100% of all our expenses, including his child support payments. We are of course unmarried. Is there any way that I ... |
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 Tax return question?? im confused?? |
| Can my boyfriend claim my son (Caleb) on his tax return? we have lived together all year and i also have a son (Luke) with him. We are not married because it will mess up my financial aid for ... |
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 When are Americans going to...? |
When are American's going to hold their government accountable for the financial mess they are causing?
They have lost $2.3 Trillion just in unaccounted for military funds. They just ... |
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 When u get married can u file taxes seprately? |
| we want to get married however we have two children and i get a large sum of money back from our tax return, if we get married we get next to nothing so it is either 6,500.00 or 300.00 and we need ... |
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 About this economic stimulus payment thing?? |
| so i've recieved my $300. and was told by like 15 people that i should be recieving an additional $600??? what are they talking about? i filed the 1040 and its just ... |
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 Should dole scroungers get a pension when they retire? |
| not talking about people who claim benifits for illness, just the people who dont want to work. Would this encourage more people to get up and get a job?... |
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 What are the stimulus checks REALLY going to do??!!? |
| Honestly, with gas prices where they are, how much will this action actually stimulate the economy? Look at how much gas prices have jumped in the last week (odd that the week the payments stated gas ... |
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 What is the best way to cut taxes for single guy who makes a six figure income? |
| I contribute 20% to 401K at this time, are there any other ways to reduce my tax burden short of having more kids or getting married... Been there done that..... |
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 Is it illegal in the UK to import and sell fake goods such as? |
| Clothes,perfumes and watches....if it is whats the punishment if you get ... |
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| WTF? JUST WHEN I THOUGHT IT COULDN'T ANY WORSE.ANYBODY ELSE HEARD THE NEWS ABOUT THE REBATE checks? |
| 1ST THEY ARE GOING BY LAST 2 DIGITS OF SOCIALS AND that direct deposits will be done b4 checks start to go out . the checks has started to go out already b4 people with low and high digits that'... |
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 IRS Owed taxes that i can not in no way afford, what do i do? |
| Hi, i worked for a small company for 2 years and apparently they never submitted no money to the IRS (illegal i know) now the company has disappeared looked high and low they are gone, some say out ... |
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 Claiming a newborn as a dependent? |
| I am due in February and thought that I would have to wait until I file my '08 tax return to claim my baby as a dependent, since it isn't due until after 01/01/08. However, I was told that ... |
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coyotetala | Do you get a Tax Break for Graduating College? |
I graudated from a 2 year collage useing federal lones in 2006. The College told me that because i regestered for class' in November i would not get any tax information this year. I was told by a few people that I would get Tax inforamtion and get a large tax break. Is this True? |
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Rob
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Did you pay any Tuition in 2006? Did you make any payments on the Student Loan in 2006?
If not then no there are no special tax breaks for Graduating from College |
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Jay Jay
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Dude i think you need to go a couple of more years. You can't even spell "loans" or "registered". No the only break you'll get is a tax credit or if you itemize your deductions you can deduct the interest paid. Personally I don't think you need to worry about getting put into a large tax bracket anytime soon, you'll probably be working for minimum wage somewhere for a while, so you can brush up on your vocab and fill a resume and application out correctly. Good luck. |
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Faye H
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No tax break for graduating.
You will get something from the student loans telling you how much you can deduct in interest from the loans. |
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Luis G
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No because you misspelled College,using,registered,and loans. So now you have to go back to third grade. Please do not write your own resume or you will get a job with Kevin Federline making fry's.
I never heard of any tax break for college students or graduates. You may be able to write the interest off on your loans if you paid them and you do not live at home. Otherwise your parents will claim you as a dependent and they get the tax break. The only purpose for tax information would be in regard to getting grants and student aid. This applies to four year colleges.
Still ask a tax accountant. A CPA should have the answer. |
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Turtle
 |
If you're no longer a full-time student and your parents can no longer claim you as a dependent, then yes you will get more "tax breaks" meaning you can then take your own personal exemption, and deduct tuition paid or student loan interest paid on your own return, usually resulting in a refund.
Even if your college doesn't provide you with a 1098, you should have receipts or a checkbook log that shows how much tuition was paid by you (loans are considered paid by you). You can still take an education credit even without a 1098.
Why the thumbs down? Coz you know I'm right and answered it before you? LOL crazy selfish snots! |
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bold4bs
|
Yes.
Its called the TGOOCFDA (The Get out of College Freedom & Disabilities Act) of
1927.
You can only claim this 3.8% credit only if you reported embezzlement proceeds as other income on LIne 16, Page 1, of Form 1040.
Best Wishes. |
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killer boot
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nope. you actually have to pay more. |
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Munya Says: GFOD
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I didn't. |
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Spaghetti MY
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WTF ???
No Way Man !!! |
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MOM KNOWS EVERYTHING
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When you start paying back your loans, you can deduct the interest from your taxes. I don't know if that's what you mean. Your question is rather hard to understand. |
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Dr Universe
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No it`s not sorry |
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Judy1
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No, there is no tax break for graduating from college. If you have student loans, you'd be starting to pay them back, so would be able to deduct some of the interest that you pay each year - maybe that's what they're talking about. |
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x GLAM0R0US x23
 |
uh...no sry :-/
but you do get giant checks from family and friends :D |
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madi
 |
no tax break for graduating unfortunately and probably because they want you to start working as soon as possible so they can really start taking your money. the good thing is you do get cash back every year for paying your student loans so either go back to school for a higher degree or get a job so you can file and get a return. good luck and congratulations! |
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matty_mo1
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what you get is you can deduct the interest you pay on your student loans during the taxt year, for the 1st 5years it is in repayment. |
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