 Can you deduct interest paid on an car loan from your taxes? |
| My brother is able to deduct the interest he pays on his farm equipment, and I'm able to deduct the interest I pay on a student loan... so I was wondering if anyone knows if it's possible (... |
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 Just curious!! I have a friend that has only worked 1 month at a job making about $8.00hr then got fired.? |
| She hasn't worked anywhere else before or after. We live in PA----Now that tax times coming she's bragging about that she'll get about $7000 to 8000 back from taxes because she got 3 ... |
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 I've just had my first wage slip, but i've payed no tax what so ever. why is this? |
I haven't even payed National Insurance or anything. What do i do?
Additional Details
£5.60 an hour.
16 hours per week.
I have only worked here for 3 weeks and get ... |
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 How or where do I find out my tax code? |
| If I was still in employmment I should be able to get this easily but I have left my employment for a considerable time but now need this tax code. Can anyone help please?... |
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 Expecting 6k in tax return & want to not spend, but save. What would be the best thing to do with my return? |
I'm 40yrs. old, single mom w/2 kids, hardly any savings & rent an apt.
I really want to use my tax refund wisely; the only debt that I have is my car payment.... |
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 Why should I have to pay Social Security taxes when I know I wont get the benefits? |
| Im 23 years old and pay over a hundred dollars per paycheck towards social security. The program is doomed and theres no way I will get a check every month when I retire so why should I be forced to ... |
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 Has anyone gotten their stimulus check yet? |
| I had direct deposit and the last two digits of my social is 01. I am single with 0 dependants. I heard it was suppose to start early on Monday and should be done by Friday.....but it's Friday ... |
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 Stimulus Payment? |
| Someone told me that the direct deposit tax refund regardless of their ss# will all get them by 5/2 yet I went to IRS site and went through the "Where is my Stimulus Payment" and it said We ... |
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 Will IT Dept be able to track down my interest income frm FDs even if I don't disclose it while filing return? |
I have several fixed deposit accounts with State Bank of India, where I have declared my PAN number.
Now while filing my income tax return at the end of the financial year if I don't ... |
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 Can my future mother-in-law claim my fiance?? |
| My fiance's mother wants to claim her as a dependant on her taxes. I'm not sure if she can do that, my fiance is 22 and she made over $17,000 this year. she did live at her mothers house ... |
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 Holiday pay help? |
If you leave a job are you entitled to the whole years holiday pay, I am sure you aren't and I am trying to prove a point. Thanks
Additional Details
sorry I am in the UK... |
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Cardinal Rule | Married: file taxes jointly or individually? |
Just wondering whether it would be better to file taxes this year as a married couple or individually. Here is some info:
We both work full time, incomes of ~70k and ~50k
no kids
we rent, so no mortage deduction
live in CA, not sure if it matters
Any finance wizards out there? What are your thoughts? |
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prashant k
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File jointly period. |
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boj12345
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File JOINTLY.... its a no brainer. But you are earning enough to justify some financial planning and a tax preparer... or hell, at least Turbo-Tax.... all of which will help you make an intelligent choice. |
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saucylatina
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YOU BOTH ARE IN A HIGH BRACKET SO YOU ARE GOING TO PAY ANYWAY YOU FILE. MARRIED MIGHT HAVE MORE DEDUCTIONS. REALLY SHOULD ASK YOUR TAX PREPARER SINCE TAX LAWS CHANGE YEAR TO YEAR. |
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STEVEN F
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File out hate forms both ways to see which is better. Jointly is usually best. If in doubt, consult a Tax Professional. |
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bluewonder
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if you get your taxes done through hr block they will run it both ways for you and tell you whichis better, and you don't pay anything extra, its just a couple of extra clicks in their system |
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linluv2001
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That Chelley doesnt know what she is talking about. When you are married YOU DO have choice......either married filing jointly or married filing seperately. Your instance it would be better to file jointly. |
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bibus73
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It is always more advantageous to file married jointly return not as married separate return. Check with the tax table. |
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chrisbrown_222
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File jointly. However if you use a computer program, and I recommend it, enter both ways so you can see the difference. You already paid for the software so why not?
Vaya con DIOS |
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Stephanie A
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Go joint...no brainer. |
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BeenDareDoneThat
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Planning early would have helped, on the 50k had you over paid to state with holding & filed individually. Can use state taxes paid on itemized fed form to reduce fed taxes, then on following year file short form with out need to claim previous years return of state taxes over paid! It does pay to plan & pay to save more! |
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chelley
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since you are married you have to file married filing jointly unless you are getting a divorce. you may not have to pay in depending on your withholdings, any credits for school, any hybrid car purchases etc. but anyways, you don't have the option to choose how you want to file, you have to file a certain way. you are what you are. |
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