 What is the benifit to have a pan? |
Additional Details
what is the benifit to have a pan card?
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 Where's my refund irs? |
| gave me the 29th as when to expect my refund now it gives me an error why? It was accepted the 13... |
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 I received a check from a de-lotto stating that i won. WHAT SHOULD I DO? |
| ON JUNE 20TH I RECIEVED A CHECK IN THE AMOUNT OF LIKE $4,820.00 IN THE MAIL IN MY MOM'S HOUSE IT STATED FOR ME TO CALL AND THEY'LL INSTRUCT ME WHAT TO DO. I CALLED AND THEY STATE IT WAS A $4... |
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 Can i claim my 16 year old daughter on my taxes? |
| i was told that when my daughter turned 16 that i could not claim her any longer. she is a full time student and still lives at home and does not work.... |
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 Any suggestions on how I can file an amended personal income tax return? |
| 1, I'm a US citizen. 2. I have legal expenses from 2004 and 2005, which I never claimed on my personal tax return. 3. Can you recommend a site or a publication that would be helpful.... |
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 Can i claim my nephew on my taxes? |
| I was wondering if I will be able to claim my 1 month old nephew on my taxes. I was unsure because he is only 1 month old but he was born before 2007. (December 28th 2006).And if so about how much ... |
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 How much is minimum wage? |
| after taxes if your working at burgerking or something like that in the USA... |
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 If I got paid out-of-pocket money from a family friend, can i use that as income on taxes? |
Me and some friends helped a family friend do some work on his house. We helped to drywall and put down carpet in his basement.
He paid us with ...Cash...money.
Can I submit this as income?... |
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 Of tax refund and spouse's child support and "injured spouse"? |
| I was supposed to get a Federal refund of $10,700 and State refund of $345. I filed married filing jointly with my spouse who does not have a job. I have a 4 year old son (from previous marriage). ... |
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 Wrong stimulus Rebate amount??? |
| If anyone has gotten their stimulus rebates or had trouble... was expecting more -- married with 3 kids under 5 years old -- accountant and I both came up with $1625, IRS only sent $500 - anyone have ... |
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 TAX HELP!! Anyone know about W-2'S? |
| Ok if you made less than "XX" amount of "$" at a job do you have to file that W-2? My husband had a rough year and he has a few W-2's that are less than a couple hundred ... |
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 Is there tax on redundancy payments? |
If someones job is made redundant after 10 years service.
Is there tax to be paid on the redundancy payment and or the notice period payment?... |
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 What would happen if i didn't file one of my jobs on my taxes? |
| I work 2 jobs, one is full time and the other is a part time, I don't even think I make over 8,000 dollars there in a year. I was wondering what would happen if I didn't file them on my ... |
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John W | Is it a good idea to send in copies of receipts for large purchases with my tax filing? |
I am a private software/hardware contractor trying to save money on my taxes. I bought about $3000 worth of stuff on December 30 and 31st of 2006 so that I could write them off of my 2006 taxes. (With Section 179, I can deduct all $3000 off of 2006?) Is it a good idea to send in copies of these receipts with my tax filing just in case the IRS gets suspicious? |
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imisidro
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You don't normally send receipts to IRS when you file taxes
I file form 1065 and the form lists the deductions (rent, etc) but if you have other types of expenses such as office supplies, office equipment there is a line where you put it called Other Deductions which requires an itemization of expenses where you attach a sheet of what those deductions are.
My suggestion is NOT to submit the receipt, but simply a list of all those $3,000 expenses. When you are audited that's the time you show your receipts |
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Judy1
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No, if they have questions, they'll contact you and ask for the receipts.
Depending on what the purchases are, you can very possibly expense them for 2006 rather than capitalizing them and depreciating them. |
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Batman
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You will need it when the IRS will do an audit on your tax return. Otherwise just keep it. |
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skip
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Judy makes a good point about expensing items. In fact its a very good point because if you bought items on the 31st but did not place them into service until the 1st you cannot take depreciation in 2006.
I agree that you should not file receipts with your return. As an ex-taxman, I would be healthily suspicious of any return with receipts attached. |
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Steve
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No, don't send copies of receipts with your tax return. You would have given them information to use to decide to audit you.
Why take that risk? |
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Herschel K
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No, don't send them a damn thing more than than what's required on the return. If they want more, let them ask. Same thing if you get audited, if they ask for receipts, walk in there with the receipts only. Don't volunteer anything, those sticky-fingered sharks are always fishing. |
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Qinella
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Do not send in receipts with your tax return, the IRS will throw them away. Section 179 is accelerated depreciation and should be used only on depreciable assets, (assets expected to last longer than 1 year). Some of the items may be eligible to be deducted as a line item. Keep the receipts with your tax docs in case of an audit. |
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Pat R
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Send them copies, and you keep the originals. |
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p deepak
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yes it is good idea. |
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