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Increasing your withholding exemptions on your W-4 decreases the amount of tax that is withheld out of every pay check you receive during the...
kiloran, I am the first to admit that I haven't read the text of the law nor have I read alot of articles on the energy efficient car credit...
[b] Your self employment taxes are added to your tax liability after the credit is taken, so you will still owe those no matter how big your...
AMT or Alternative Minimum Tax is a totally separate tax system that was originally started about 25 to 30 years ago to force the wealthiest to...
This is a non-refundable credit. It can only be as large as your tax liability. How much you have in withholding makes no difference in what your...
Insturmental Strings or Brass?
I just got a ticket about 3 weeks ago driving DH's truck. I'm blaming it on the truck. If I had been in my Prius, I would have been watching...
My 95 pound rottweiler fits in the back. Admittedly she is more comfortable with the seats down. The hatch back is much easier for her to get in...
Simon Sunrise or sunset?
coke Beach or mountains?
Half full Caffeinated or decaffeinated?
I started at Virginia Tech (GO HOKIES), got married and finished at Old Dominion University in Norfolk, VA. I have a BS BAd and an MBA from ODU....
Hey, I'm in Tidewater and drive a Prius. 60 is still several years away, but it gets closer every day. Admittedly, most of the Prius drivers...
Hey everyone, the seminar I went to in OCTOBER 2004 (my post was dated October 21) was put on by the IRS for tax professionals. The person who...
Big Foot
IRS has released Pub 600 which deals with the optional sales tax deduction. From my initial reading of the pub, sales tax paid on motor vehicles,...
m6scott, the law says the reduction in income is for owned vehicles only - leases don't qualify. Sorry.
I went to an IRS seminar earlier this week - a taxpayer can either take the deduction for state income taxes paid OR sales taxes paid on schedule...
I want to know where you work in the US that you can achieve these speeds on your commute. I sure couldn't get anywhere close to 85 or 90 MPH....
Please remember this is NOT a tax credit but an adjustment to taxable income. The adjustment reduces AGI and goes on line 33 (on the 2003 1040...
