Tax Breaks For Haiti Relief Widening

Donate now and claim a deduction on your 2009 tax return.


When to sell securities at a loss for a tax write-off

Question: If I sell a mutual fund to write off the loss on my tax return, do I face any restrictions on reinvesting the money? — Tom M., St.


why did turbo tax not take my state income return from the previous year and put it as income?

yapps26 asked: I have always used turbo tax and this year i received a form from the IRS stating that we owed taxes on previous state income. Shouldnt Turbo tax have picked this up?
I am in the state of VA – and did itemize. Turbo tax automaticly put the income in the state files but [...]


Injured Spouse Allocation, can tax credits for children be allocated to a spouse with no income?

Tim H asked: My wife and I file jointly and our refund is being taken for offset. I owe money towards a federal student loan but would have a nice tax return because of the earned income credit and the child tax credit. Can the child tax credit be allocated to my wife [...]


What kind of tax return can I expect to get back now that I pay mortgage interest?

Steve H asked: My wife and I just bought our first home in Los Angeles and I know that this coming tax year we can deduct mortgage interest and property tax. We both have full-time jobs, file jointly (both filed with 0 claimed dependants), and have a, before taxes, combined income of roughly $100k. The [...]


Will both parties recieve a tax benefit from buying house, if you are not married?

PZ asked: As I understand it, interest on the mortgage, and real estate taxes are tax deductable, if you own a home. I am thinking about purchasing a home with my fiancee, i was wondering if we would be able to both benefit from the interest and real estate taxes paid, when filing [...]


Tax issues, what should i do?

italiano627 asked: i havnt filed a tax return since 2004 (state or federal) where can i go for help? can h&r block help me?


If my employer reimburses my tuition & then issues me a 1099 how do i reflect this on my tax return?

jsssika asked: My employer paid for school last year and I was curious as to how I should reflect this on my tax return. They gave me a 1099 that shows the miscellaneous income for tuition. I paid the tuition and my company reimbursed me back through payroll. So, since the goverment gives [...]


Independent worker tax issues?

Roy b asked: I work at a job where i am an independent worker and they dont take taxes out. Im 17 and my father still claims me as a dependent. Ive saved 12.5% of my checks for my FICA tax, am i going to get that back or not?
So what do i do?
im going [...]


What tax forms should I fill out in new york?

henryurlo asked: Individual tax payer
If you were doing your tax return for the first time and by yourself how do you know what forms to fill out after receiving the W-2 form? There are the 1040-XXs and the 4868 but how do you know which to fill out.
Other types: Now what you had [...]