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 If your under 18 and you have a job do you still have to pay taxes?
...


 Do you support the Fair Tax?
I just think it makes more sense. People should be able to keep 100% of their pay check. We should replace the IRS with the Fair Tax.

http://www.fairtax.org/s...


 What does a prospective employer do once they have your previous w-2?
I worked for a company that went out of business and have since taken a new job. In order to verify my employment there I need to present them with a W-2. After the company went out of business I ...


 Stimulus check?
My last two of ssn is 05 -- I did direct deposit for my taxes -- I was under the impression I would get the check today. Is it true that the IRS is going to put deposits through at 9 am and 1 pm? <...


 Accountants help! Is 10% of your paycheck taken out in taxes not enough or a lot?
I'm debating on goin to HRBlock this year. We usually do, but I'm not sure if our return will be worth it this year. One job had 10%taken out for taxes, just worked out that way. $10,000 ...


 Do u file 06 taxes in 08 or 07s?
my friend says that taxes is a year behide.she say that u clam 06 in 08. is that true? i also thoght is the year be4, like 07 in 08.
what year dose she file now 06 or 07?...


 If I filled through TurboTax and got direct deposit will i still get direct deposit for my Stimulus Check?
Because my number is 47 and i should have gotton it on may 9th?...


 Can i deduct the mileage i used to take my mother in law to and from her doctors appointments?
I take her at least a couple of times a week. It is 43 miles each way. She is not capable of taking herself to her appointments....


 Why is child support not a tax deduction and alimony is? Either way the ex spouse spends it as she pleases.?
Can someone give me more info? Or who to contact. I need to research for an Activist English paper regarding this issue. Thanks!...


 I made about $12,000.00 last year.I did not have any federal taxes taken out.Will I owe any taxes?
I am a single mom so I know I qualify for the EIC.I just dont know if I will owe anything since I made over 10,000.00...


 If filing married and jointly, do you have to count your spouse's income if under 5,000?
My husband just started a new job and will not make more than $4500 or so before the end of the year. Do we have to count his income when we file our taxes together? I used a tax calculator and it ...


 Which bills do i 'have' to pay during the recession in the uk?
Obviously all bills count, but my bloke works as a painter and decorator ( for now, work disintergrating fast ) and I work with mental health, My job is safe but he is the breadwinner. Mortgage is no ...


 Can this person file taxes? I am clueless...?
A friend and I were discussing "filing taxes" the other day and she said that a person who does not have an income from a job but does have an income from child support can file a tax ...


 Economic Stimulus Payment?
I am 18 years old and filed my own tax return in February of this year. It was direct deposited and I was expecting to receive my stimulus payment of $300 by May 9th... it never came. If my parents ...


 What is the full form of CTC?
asking a question at the time of ...


 Have you received your stimulus check?
I know they are suppossed to be sent out based on the last 2 digits of your SSN, but I know people who have gotten theirs way before they were supposed to. (paper check) Does it matter if you owe ...


 If you are in the ATM business...what would you consider the cash in the machines?
Would it be inventory? cost of goods sold? assets?...


 How do I find out how much an employer reported as taxable income on my 1099-MISC ?
I did a little tractor work for a friend of a friend..may be $1500 or so.
The guy said he wanted my SS# to report my pay, because we were working on a road to his winery he was just starting up.<...


 Question on stimulus payment?
I couldnt seem to find an answer on the IRS website. My husband and I prepare our own taxes and use the taxact.com to file them. This year we had to pay in to federal and we did pay it in by april 1...


 Can i claim remodeling on my home on my taxes?
I have made several upgrades, new windows, exterior doors, bathroom vanities, closet doors, baseboards, carpet, paint etc....



wilm1998
If I spend $500 to raise $10,000 for a charity, is the $500 tax deductible?
The charity acknowledges that I raised $10K. I have receipts to show I spent, for example, money to put on a dinner where participants paid $60 a plate. All of that money was donated to the charity. Is this incurred cost tax deductible? Thank you.
                     
 




bostonianinmo
Rating
Yes, your out-of-pocket expenses for the caritable organization's fundraiser are deductible. The value of your own time is not, contrary to what one poster stated.


Ebony
Yes the $500 is tax deductibe.


Judy1
Rating
If the charity is a registered charity, then yes, you can deduct the $500 as a charitable contribution if you itemize. If you take the standard deduction, then no.

Good job, by the way!


the Boss
Rating
Yes


bidwell
yes. as long as it is for charity.


curtnuggets
yes, but consult a tax proffesional.


ha_mer
Rating
You don't need a 'tax professional.'
What those kind of people don't tell you is, what they charge you for, IRS will do the same or better for free.
I would say that with the verification you have, you can deduct that from your income taxes but to be sure, go to the nearest Social Security office. There will be one someplace as close as in your city or at least no further than a 45 minute drive away.
Take all of your tax information and I'd almost bet they'll find other deductions you can make.
They're not there to 'screw' you, they are really there to help.
They have agents to assist taxpayers with questions about taxes and they are 'USER FRIENDLY,' nothing like the horrible jokes and wild stories you hear about them.
While you're there, the agent will very probably show you ways to save when making out you taxes. I've never met a bad IRS agent.
The first time I went they found a $350 overpayment.
If you call and make an appointment, you won't need to wait in line.
I've been thankful for several years that I went to them so long ago. I was overpaying and they got a refund check mailed to me.


travelguruette
Rating
Should be. Check with your tax professional. You can deduct time also.


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