I've hired a company to maintain the landscaping in my yard. Is this work tax deductible? |
Additional Details Though I work full-time (from home), I also freelance and teach a few classes a year at a university......I do expense portions of my rent and utilities for my '... |
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My rebate was supposed to come yesterday Direct deposit...it's not there...any ideas? |
| The irs page i went to to see how much my rebate would be and when it would come told me it would have been direct deposited into my account yesterday. It is not there yet, any ideas as to why? And ... |
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If a stripper gets breast implants can she write it off on her taxes as a business expense? |
If a stripper gets breast implants can she write it off on her taxes as a business expense? Additional Details Thank i love u too!... |
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Is every married couple getting $1200 @ least on the rebate? |
| Or do some get less. My husband and I can't seem to figure it out, we have done the calculator and everything but everytime we do it, we get a different answer...some please help!!! I'm so ... |
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TaXES???!!? |
| Ok I have a 5 month old baby but i didn't work last year I worked in '06 but never claimed my taxes and now i want to claim them but there is a problem because my mama wants to claim my ... |
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Pensions for forieners in england? |
| i am a polish woman living and working legally in the uk, i would like to know how long do i have to work for, to be able to claim for pension in uk. how many years does anyone know. any answer ... |
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Should I use H&R Block or an independant tax professional? |
| I'm a full time graduate student and an independant contractor so I'll be getting a 1099 at the end of the year. I want to pay my estimated quarterly tax at the September deadline. Would ... |
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Can two people at same address claim head of household? |
| me and my exhusbund dont live together and i use his address when i filed taxes. can he file taxes as well under head of house? with same address?... |
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Regarding the Stimulus Rebate Check, when will the paper checks be sent out? |
| The last 2 digits of SSN are 11. According the IRS.gov website, it should be mailed out next week. However, when i go to the "Where's my Stimulus Check" section, it cant find my ... |
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How does one avoid taxes on large amounts of money? |
all 100% of it. On earned income, not gift or inheritance
...Via Mutual funds?
...Bonds?
...Real Estate?
...Foreign Bank accounts?
...Expatriate to another nation
IRS ... |
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IS IT TRUE, NO INCOME TAXES RETURNS FOR 2009? |
| I DON'T KNOW IF THIS IS JUST A RUMOR, BUT I HEARD THAT THEY'RE CUTTING THE STATE (CALIFORNIA) TAXES FOR THIS YEAR AND THAT WE'RE ONLY RECEIVING THE FEDERAL RETURN FUNDS. I HEARD THAT IT... |
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Should there be some kind of tax penalty for US companies that outsource? |
I would be especially interested in hearing from economists if this is even feasible. Additional Details Probably it's not honest to say that it's OK to let the market ... |
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Tax returns and tax refunds? |
I asked a question before about returns, if I had to file them, and everyone said yes. I got the form sent to me today.
How do I figure out how much money I should receive back in refunds?
I... |
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mikeleemer | What documentation do I need for a 2K gambling loss in Vegas this year? |
I have the copy of the check that I got from work that I cashed in at one of those 24hour Vegas check cashing places -- which I completely lost every cent of.
I made a journal note in my records -- is that good enough? I lost 2K spread over 3 days.
Cheers! |
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Big Deal Maker
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The journal is not all you need. You also need the machine number. The table number and the amount you lost on each one. |
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Wayne Z
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Remember, you can only deduct gambling losses up to the extent of your winnings. If you didn't win anything, you can't deduct anything. |
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v b
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And just to correct a few of these posts, if you win $1500 and lose $2000, you don't net the money. You put $1500--100% of the winnings-- on the 1040 line 21 (other income) and then you put $1500 on schedule A.
If don't itemize, losses are worthless to you even if they are cancelling out winnings. |
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wartz
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Don't even bother. You can deduct gambling losses only to the extent of winnings.
If you go again, be more frugal and get a players club card from the casino and they will track everything for you and maybe give you some freebies. A hotel and casino in Reno knows me and sends me promotional offers. I just got two weekday hotel nights for $22 per night plus $15 is free slot play and a free meal at the restaurant and may have lost as much as $20 playing penny slots. For that I'm not worried about a tax write off. |
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Gary
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If you did not win any thing then sorry you are out of luck again. You can only claim your winnings up to the extent of your losses. |
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Judy1
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Did you win $2000 or more that same weekend? If so, and if you itemize, you might be able to deduct the losses. If you had a net loss, then no you can't deduct it. Gambling losses are only deductible up to the amount of gambling winnings. You say you lost every cent. So sorry, the loss is yours - tax law doesn't make the other taxpayers pay for your bad luck/bad sense. |
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Other Guy
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gambling losses are only deductible to the extent of your winnings. If you lost $2,000 gambling one day, and you won $1,000 the next and that is all the gambling you did, then you would claim $0 gambling income on your taxes and you do not get to claim the net $1,000 loss. If you made $3,000 instead, you would only claim $1,000 of gambling income. |
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tom bailey
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Or you could become a pro. I am not sure of all of the tax laws in that area but this could be a start if that is what you are asking.
http://professionalgamblerstatus.com/ |
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Spock (rhp)
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losses on hobbies are not deductible ... which includes gambling at vegas. |
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WG
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You can only claim a loss up to your winnings (if any) If you won $1500. and lost $2000. you can claim only $500. as a loss. You don't need proof per se' but if the IRS comes calling, you have to be able to establish that you were in Vegas, and tell them which casino(s) you gambled at. |
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