The IRS Deductions Blog » 2010

Hsa Deductible 2010

admin — Tue, 13 Sep 2011 00:14:46 +0000

Question: Maximum HSA contribution for 8 months of coverage in 2010 ?I paid monthly premiums on a high deductible HSA insurance plan until August of this year. Normally my maximum contribution would be $6150 for the entire year. Should I simply prorate the maximum amount I can contribute for 2010 based on 8 months of [...]

Hsa Deductible 2010 is a post from: The IRS Deductions Blog

Tax Standard Deduction 2010

admin — Mon, 25 Jul 2011 16:29:05 +0000

Question: Maine dependent tax help!?I am doing my maine taxes, i’m in highschool and trying my best to figure this out! The question is…”If you (or your spouse, if filing Married Filing Jointly) are claimed as a dependent on another person’s return, enter the amount of the standard deduction you claimed on your 2010 federal individual [...]

Tax Standard Deduction 2010 is a post from: The IRS Deductions Blog

Tax Deduction Calculator 2009

admin — Fri, 08 Jul 2011 18:08:09 +0000

Question: Online calculator to optimize 2010 W4 withholdings?My husband and I get back around $5,000 federal refund every year, and around $1,500 State, even though he already has a high number of exemptions (I have been home since having my baby last year and am only making a small amount doing childcare). Between tithe [...]

Tax Deduction Calculator 2009 is a post from: The IRS Deductions Blog

2010 Tax Deductions For Homeowners

admin — Fri, 21 Jan 2011 10:42:51 +0000

Items on Amazon Right Now for 2010 Tax Deductions For Homeowners:Time to start thinking about 2010 income tax filings Many Americans will have to wait up to a month to file their 2010 tax returns this year.Tax Deduction For Homeowners2010 Tax Deductions For Homeowners is a post from: The IRS Deductions BlogTags: 2010, 2010 [...]

2010 Tax Deductions For Homeowners is a post from: The IRS Deductions Blog

Tax Standard Deduction 2009

admin — Sun, 28 Nov 2010 06:25:40 +0000

Question: Can I deduct 2008 and 2009 property taxes on my 2009 tax Schedule A/B?Local Tax assessors allow me to physically pay property taxes in the assessed year, or within 2 months of the following year. If I pay two years worth of taxes in the same year (i.e. 2008 taxes in January 2009 [...]

Tax Standard Deduction 2009 is a post from: The IRS Deductions Blog

Standard Deduction Calculator

admin — Sun, 14 Nov 2010 14:25:19 +0000

Question: What is the best way to file with the IRS if your married to get the most of your return?My wife and I were wondering how we should do our taxes come tax season. Last year we claimed and file jointly and received about $3200 after we paid H an R block. [...]

Standard Deduction Calculator is a post from: The IRS Deductions Blog

Deductible Iras

admin — Mon, 18 Oct 2010 16:16:53 +0000

Question: When did the IRS start allowing non-deductible IRA contributions?Answer: Several years ago, but there are still limits, and rules to meet, you can’t just put in whatever you want to.Items on Amazon Right Now for Deductible Iras:Gifting and investment shifts clear road to cozier retirement Will and Liz are saving, but they’re also paying out [...]

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Standard Deduction And Personal Exemption 2009

admin — Fri, 01 Oct 2010 10:36:32 +0000

Items on Amazon Right Now for Standard Deduction And Personal Exemption 2009: ‘Millionaire’s tax’ could hit more Mainers this year When the alternative minimum tax first was passed in 1969, it was called the “millionaire’s tax” and was aimed at preventing the very rich from escaping federal income tax …House Session 2010-04-15 (17:25:18-18:26:55)Standard Deduction And [...]

Standard Deduction And Personal Exemption 2009 is a post from: The IRS Deductions Blog

Income Tax Standard Deduction India

admin — Sat, 11 Sep 2010 09:28:52 +0000

Question: Is standard deduction still available in India for income tax?Answer: Standard Deduction has been withdrawn effective Financial year 2005-06Items on Amazon Right Now for Income Tax Standard Deduction India: Niko Reports Results for the Quarter Ended June 30, 2010 CALGARY, ALBERTA– – Niko Resources Ltd. is pleased to report its financial and operating results, including consolidated [...]

Income Tax Standard Deduction India is a post from: The IRS Deductions Blog

2008 Standard Deduction Personal Exemption

admin — Wed, 28 Jul 2010 05:21:25 +0000

Question: Can I deduct personal exemptions in addition to standard deduction?I just heard, for the first time, about personal exemptions ($3500) as a deduction for reducing your taxable income. So far, I have always deducted the standard deduction ($8750 for 2008) on my 1040EZ form. Can I use the personal exemption in addition to the [...]

2008 Standard Deduction Personal Exemption is a post from: The IRS Deductions Blog

Tax Deduction Commuting

admin — Tue, 13 Jul 2010 03:52:14 +0000

Question: Is gasoline used for college commute deductible on taxes?Do i need all of the receipts? Is that my deduction or my parents? (Yes i pay for it)Answer: If it is not work related then you barking up the wrong tree here. Good luck with school but you dont have a good deduction thereItems on Amazon [...]

Tax Deduction Commuting is a post from: The IRS Deductions Blog

Standard Deduction And Personal Exemption

admin — Mon, 12 Jul 2010 19:27:17 +0000

Items on Amazon Right Now for Standard Deduction And Personal Exemption: How Will The Expiring Bush Tax Cuts Affect You? Find out which expiring tax cuts might cost you money if Congress doesn’t extend them.Chicken Noise Family guy chicken noise fartsca sweaty ballsStandard Deduction And Personal Exemption is a post from: The IRS Deductions BlogTags: [...]

Standard Deduction And Personal Exemption is a post from: The IRS Deductions Blog

Tax Deductible Home Improvements 2009

admin — Sun, 04 Jul 2010 03:28:55 +0000

Items on Amazon Right Now for Tax Deductible Home Improvements 2009: Shaw Announces Third Quarter Financial and Operating Results CALGARY, ALBERTA–(Marketwire – June 30, 2010) – Shaw Communications Inc. (TSX:SJR.B) (NYSE:SJR) announced results for the third quarter ended May 31, 2010. Consolidated service revenue for the quarter and year-to-date periods of $944 million and $2.78 billion, respectively, [...]

Tax Deductible Home Improvements 2009 is a post from: The IRS Deductions Blog

2009 Tax Mileage Deduction

admin — Wed, 23 Jun 2010 15:52:05 +0000

Question: Delivery Driver Tax Deductions?I have driven 32,512 miles in 2009 for delivery. I have a detailed mileage report of my starting miles, and ending miles each day. Using turbo tax deluxe i am getting NO refund whatsoever when putting this data in. I even put crazy high numbers to see what would show up, and no [...]

2009 Tax Mileage Deduction is a post from: The IRS Deductions Blog

Tax Deduction Estimate

admin — Mon, 24 May 2010 12:30:37 +0000

Question: Can you send the IRS money directly without using payroll deduction?This year we made some extra income via dividends and capital gains via stock sales. This led to a fairly substantial amount of extra income which threw our withholding off. We did try to estimate our tax to basically avoid a penalty [...]

Tax Deduction Estimate is a post from: The IRS Deductions Blog

Tax Deductions For Homeowners 2009

admin — Mon, 10 May 2010 03:26:34 +0000

Items on Amazon Right Now for Tax Deductions For Homeowners 2009: TransUnion: National Mortgage Delinquencies Fall 1.74 Percent in 2010 Opening Quarter CHICAGO, IL–(Marketwire – 05/10/10) – TransUnion’s quarterly analysis of trends in the mortgage industry found that national mortgage loan delinquency rate (the ratio of borrowers 60 or more days past due) decreased in the first [...]

Tax Deductions For Homeowners 2009 is a post from: The IRS Deductions Blog

Tax 2009 Standard Deduction

admin — Wed, 05 May 2010 08:32:23 +0000

Question: Student loan interest deduction causing negative adjusted gross income?Hi, I am in my 20’s and I’m a student first time filing my 2009 taxes. I worked one week, and earned 760. I paid 5000 in student loan interest and the IRS allows students to claim up to 2500 student loan interest deduction. So if [...]

Tax 2009 Standard Deduction is a post from: The IRS Deductions Blog

Non Deductible Iras

admin — Sat, 13 Mar 2010 20:39:23 +0000

Question: Can you make a partial rollover of a Traditional IRA to a Roth IRA? Has anyone done this?If you made non-deductible contributions to a Traditional IRA before the Roth existed, then it might make sense to convert that amount (where taxes have already been paid) to a Roth….so the earnings can grow tax-free rather [...]

Non Deductible Iras is a post from: The IRS Deductions Blog

Standard Deduction 2010

admin — Sun, 19 Jul 2009 02:19:52 +0000

Question: Withdrawing from IRA for medical expenses?Hello, can I withdraw money from my IRA for Medical expenses that exceed 7.5% of my AGI?? Since Im married this would be our joint AGI correct?? Also if the expenses exceed 7.5% but are not more than the standard deduction and I cannot itemize, will I get penalized [...]

Standard Deduction 2010 is a post from: The IRS Deductions Blog

Tax Deduction Exemption 2009

admin — Thu, 04 Sep 2008 21:20:34 +0000

Tax Deduction Exemption 2009 is a post from: The IRS Deductions Blog