Tax Deduction Medical Travel
July 5th, 2009
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Question: If I have purchased the car through the company be in name of the company) can I get any tax deduction?
.The very first thing, If I have purchased the
car through the company (may be in the name of the company)
can I get any sort of tax deduction for the amount which I am
paying as the EMI to the bank each month.
2.The very same confusion exist with the house rent.
that is if I have a rented house which I have
taken in the name of the company can I claim any sort of
deduction.
3.Another query relates to my Leave travel Allowance,I
have given a predicted figure of Rs.25000 towards LTA but
this hasn’t been taken into account in the calculation of
the Exemptions.The same is the case for the medical allowance.
Can you please clarify that when are these figures be used
as exemptions and are shown as a deduction from the taxable
income.
4.I have also recieved Sodex-ho coupons worth 13000 INR,but
even these hasn’t been accounted for.
5.Can the electricity bill and the gas bill (paid by me) be
considered for the exemptions.
Answer: Could you make that question any more longer or complex please.
Items on Amazon Right Now for Tax Deduction Medical Travel:
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A shot in the arm for medical and travel expense by plane. (tax deductions on plane travel expenses) (Debits & Credits) (Column): An article from: The National Public Accountant $5.95 This digital document is an article from The National Public Accountant, published by National Society of Public Accountants on July 1, 1992. The length of the article is 795 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web brows… |
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The #1 Tax Shelter … Your Business: It’s Not What You Earn – It’s What You Keep (Tax Saving Reports for Small Businesses) IMPORTANT – It’s not about what you earn – it’s about what you keep! This is an easy to understand manual that answers the questions small business owners have about saving money on their federal taxes. This book is a collection of 12 Tax Saving Reports that have been written in clear, understandable language. We will answer your questions about mileage deductions, writing off meals and entertainm… |
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TurboTax Home & Business Federal + e-File + State 2010 – [Old Version] $8.39 Designed for sole proprietors, self-employed, consultants, 1099 contractors, and single-owner LLCs. Expanded interview walks you through entering business income and expenses to help you maximize business and personal deductions, home office deductions, depreciation and more. Create W-2 and 1099-MISC forms for your employees and contractors. The Intuit TurboTax Home & Business Tax Year 2010 Softwa… |
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TurboTax Home & Business Federal + State + Federal efile 2009 $42.90 TURBOTAX HOME & BUSINESS WITH… |
2009-2010 mileage deduction amounts
Here are the mileage amounts the IRS will allow you to deduct for various types of travel.
Canadian Medical Reimbursement Plan (PHSP)
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