 Im confused i know there a lot of these but? |
| will i get my stimulus refund through direct deposit or paper check? because some people say if you filed turbo tax and had them take the filing fee out of your rebate you'll get a paper check ... |
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 How much will i get in this stimulis check? |
| i filed taxes for 2007 and made a bit under 30k and i am married with one child which is 17 months old how much money will i receive in this stimulis check? and when will i be receiving it?... |
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 How much will I get back on my income tax return? |
I made $17,272.14, and they withheld $1,953.32 on taxes. I am a unmarried Tennessee resident, filing alone. Approximately how much can I expect to get on my tax return?
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 How long does a refund take? NOT THE STIMULUS CHECK? |
regular refund? we just filed regular no fast check thing.
we filed our return about april12. any idea how many weeks it should take? also no direct deposit.... |
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 What is a tax write off? |
| i was told if i donate my car it would be a tax write off. does that mean i get back the full value of the car when i file taxes this year?... |
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 Why should we pay taxes? |
| Is there any legal way to stop paying taxes? Besides it is voluntary compliance.... |
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 Will my $600 tax rebate be direct deposited? |
| The $600 tax rebate that will go to most beginning in May, will mine be direct deposited since I had my tax refund deposited? The reason I ask is because I'm moving end of April or beginning of ... |
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 Last two of your SSN? Have you received your stimulus check? |
| I dont even know if thats something people feel comfortable giving but i thought id give it a try. :) Just thought id be fun to see how far along they are (even though i am aware of the official ... |
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 Why does my solicitor need my national insurance number when im buying a house? |
Additional Details
The reason i am asking is i have just come off aprentaship 0f the past 7 years I know its a long time but i have been an improer for the past 5 years therefore not ... |
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 Is it necessary to get new tax software every year? |
| I have TurboTax from last year and wanted to know if I need to buy the new one or will the old one still do the trick?... |
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 Can my ex-husband legally make me pay for his taxes this year? |
| My husband and I are currently going through a divorce. He was self-employed, so he was supposed to take taxes out of his own check. Unfortunately, he didn't do it, and now owes the government ... |
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 What are the chances that you will get caught by IRS? |
Don’t worry, I am not trying to actually do this…I am just curios.
I would like to hear from people who actually know the system.
Let’s say you are a par-time student and you ... |
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 Has anyone heard that the irs is illeagal? |
| i saw somewhere that there is no law that says you have to pay income tax?... |
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gsxr650 | If you bought a car in 06...? |
Is it true if you were financing it, you can write it off the interest when you do your taxes??? If so than i am LIVID ,and hate H & R block- Apparently thre is a whole bunch of things i found out you can write off that HR block doesnt tell you.....
Additional Details
I do mobile Notaries and have my business license, I feel so ignorant, i should have done more research. |
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Judy1
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No, you can't write off the interest on your personal car - you might be able to if you own a business, and the car is used for that business.
What you can write off on a car purchase is SALES TAX - only if you itemize, and if you choose to deduct sales tax rather than state and local income taxes. |
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Wayne Z
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No. Interest on an automobile is not deductible unless the vehicle is used for business......and going back and forth to work does not count as business. |
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Baked n Blended
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NO! Auto loan interest is not tax deductible unless you used it for your business (not driving to and from work). Example would be if you are self employed, like a realtor. |
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bostonianinmo
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Wow! Block actually got something right for a change!
No, you CANNOT write off the interest on a car loan. So, cool your jets, OK?
If it's a business vehicle you might be able to write off some of the expense. BUT if you're not telling your tax preparer everything then don't expect them to read your mind. |
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kohalakoast
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Sales tax on the purchase may be deductible in certain situation but the interest is not. |
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STEVEN F
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you have 2 options to claim 'business use' of your car. You can claim the standard mileage rate, or 'actual expenses'. If you claim actual expenses, you need to record ALL expenses related to the car (gas, oil, maintenance, etc.) and the number of miles for both business and personal use. Find the percentage of business use and multiply by the total expenses. |
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jeff410
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Not unless you use it for business purposes. Some portion of the cost of the tag every year, and the taxes you paid when you bought it may be deductible even if you dont use it for business. Sometimes its difficult for a tax preparer to know what to ask, especially if its a new client, or the preparer doesnt have a copy of a prevous return. There are common deductions and there are quite a few more that arent so common. There are always changes from year to year. And about every decade there are big changes. Every person's situation can be a little different. And their situation can change from year to year. Clients may not know what to tell preparers and preparers may not know what to ask. |
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fancyping
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My husband is independently contracted and we went to H & R Block last year, at first. We finally got his brother to check the taxes for us (for any more breaks) and found out H&R was forgetting about $500 in write offs! I really don't recommend them at all. I'm not sure about the interest on cars, but I definitely understand the situation!! Good luck |
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J M
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Normally auto loan interest is taxable. If you use the car solely for business (I don't mean driving to and from work) it may be different. Try the IRS website. |
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