list what federal tax deductions teachers may claim for their professional expenses.
120257
YOu can deduct $250 of out of pocket expenses on Line 23 of the 1040, and the rest of your out of pocket expenses on Form 2106.
367105
In Kansas City, MO the Public schools are Not Free! Each year everyone must file a Personal Property Tax! There is Always an Education Tax!!!\n\nI might suggest going to “google.com” and start entering words with “organizationsaganstsubsidizedfreeeducation” included! With alternate words to narrow down your search!\n\nGood Luck!
669849
what's the money being deducted for
395322
Dedudtions are items/amounts used to adjust your income downwards in order to reduce your taxable income.  After this is done, you take that amount and determine how much you were liable to pay in taxes.  Credits then come in to reduce that tax iability. You must qualify for a credit in order to take it.  \n\nTuition and fees: taxpayers may deduct up to 4000.00 as an adjustment to income for qualified tuition and course related expenses.  These are for students enrolled in a degree program for undergrad or grad level courses (not incl. room & board).  You are also only allowed to deduct the expenses you paid yourself.  Anyone making over 65K a year will have a reduction to the maximum 4K.  \n\nStudent loan interest - an itemized deduction that is interest paid on qualified student loans the taxpayer is currently still paying off.\n\nHope Credit - students enrolled in a degree, certificate or other program leading to a recognized credential that is pursued on at least a half-time basis qualify for this credit.  The credit is 100% of expenses up to 1K and 50% of expenses within the next 1K.  It is only eligible to students who haven't completed their first two years of post-secondary education.\n\nLifetime Learning Credit - 20% of the total qualified expenses for all eligible students on the tax return.  Maximum per tax return is 10K.  Qualified expenses are for undergrad & grad students, and any courses taken to aquire or improve job skills of the student.  \n\nAsk your teacher, you may qualify to use the class your taking as a lifetime learning credit.
58473
Salaries, multiple shifts\nInsurance, payroll taxes, inventory costs, rent, utilities, supplies for cooking, serving, printing costs for menus, signage, advertising, funishings (tables, chairs), internet access, computer hardware/software, tax preparation, cash register, spoiled food, bank account fees, local permits, sales tax permits, federal/state/local taxes
64617
You probably qualify for the Lifetime Learning tax credit or you may qualify for an educational expenses deduction (you can take one of those but not both). If you're getting a refund, taking the deduction is better than taking the credit because the credit is non-refundable, but the deduction will lower your taxable income. If you owe a lot, the credit usually works out to be better. Qualified educational expenses are pretty much just tuition and fees (not books). See the 1040 instructions (the link below goes to a PDF version) to find out if you qualify for the deduction (page 34) or the credit (page 40). Form 8863 is the one you file for the credit, and it has more instructions on whether you qualify or not. Good luck!
44461
I'm not sure what you are asking.  Your payroll stub should tell you what has been taken out; i.e., FICA, Medicare (M/C), Federal withholding and State withholding.  You probably don't have any deductions, so you can fill out a 1040EZ.  If you do have deductions, you might want to try Turbotax online (for about $20) and it will ask all the pertinent questions about filing your income tax.\n\nIf you are just wondering what to expect to get out of $27,000, you can expect at least 1/3 to go to taxes.
25447
I am assuming this is a question on US Tax Law.\n\nYou can take any type of mortgage on your home to claim the interest deduction.  The end use of the loan does not matter.
173679
If the tax was considered state witholdings then it can be deducted on sch A of your federal return. If you do not itemize deductions then there is no other way for you to deduct the tax on your federal return.
163204
You will want to keep track of your expenses on the road, keep reciepts and store them.  At the end of the year when you file your taxes, you will need to file an additional schedule such as a schedule "C".  This will allow you to itemize your deductions (work related expenses).  Pay close attention to the total of your deductions, there are two types.  One is a national deduction based on your income, the second is your list of itemized deductions.  As you are only allowed to use one of the two; make sure to use the one that is larger, thereby earning you a larger refund on your taxes.\n\nGood Luck,\nHope this helps
14636
Try the following websites.  One is all of the IRS publications -- everything you need to know *should* be there.\n\nThe next site is from Jackson Hewitt, with a list of common deductions for truck drivers.  This should help get you started.\n\nThe last is from a trucking website.\n\nI hope this helps, I have two brothers who drive trucks...
128640
Gifts to Charity \nYou can deduct contributions or gifts you gave to organizations that are religious, charitable, educational, scientific, or literary in purpose. You can also deduct what you gave to organizations that work to prevent cruelty to children or animals. Certain whaling captains may be able to deduct expenses paid in 2005 for Native Alaskan subsistence bowhead whale hunting activities. See Pub. 526 for details. \n\nTo verify an organization's charitable status, you can: \n\nCheck with the organization to which you made the donation. The organization should be able to provide you with verification of its charitable status. \n\nSee Pub. 78 for a list of most qualified organizations. You can access Pub. 78 on the IRS website at www.irs.gov under Charities and Non-Profits.\n\nCall our Tax Exempt/Government Entities Customer Account Services at 1-877-829-5500. Assistance is available Monday through Friday from 8:30 a.m. to 5:30 p.m. Eastern Time. \n\n\nExamples of Qualified Charitable Organizations \n\nChurches, mosques, synagogues, temples, etc.\n\nBoy Scouts, Boys and Girls Clubs of America, CARE, Girl Scouts, Goodwill Industries, Red Cross, Salvation Army, United Way, etc. \n\nFraternal orders, if the gifts will be used for the purposes listed above.\n\nVeterans' and certain cultural groups.\n\nNonprofit schools, hospitals, and organizations whose purpose is to find a cure for, or help people who have, arthritis, asthma, birth defects, cancer, cerebral palsy, cystic fibrosis, diabetes, heart disease, hemophilia, mental illness or retardation, multiple sclerosis, muscular dystrophy, tuberculosis, etc. \n\nFederal, state, and local governments if the gifts are solely for public purposes.\n\n\nContributions You Can Deduct\nContributions can be in cash (keep canceled checks, receipts, or other reliable written records showing the name of the organization and the date and amount given), property, or out-of-pocket expenses you paid to do volunteer work for the kinds of organizations described earlier. If you drove to and from the volunteer work, you can take the actual cost of gas and oil or 14 cents a mile. But, if the volunteer work was to provide relief related to Hurricane Katrina after August 24, 2005, this amount is increased to 29 cents a mile (34 cents a mile after August 31, 2005). Add parking and tolls to the amount you claim under either method. But do not deduct any amounts that were repaid to you. \n\nGifts from which you benefit.   If you made a gift and received a benefit in return, such as food, entertainment, or merchandise, you can generally only deduct the amount that is more than the value of the benefit. But this rule does not apply to certain membership benefits provided in return for an annual payment of $75 or less. For details, see Pub. 526. \n\nExample.\n\nYou paid $70 to a charitable organization to attend a fund-raising dinner and the value of the dinner was $40. You can deduct only $30. \n\nGifts of $250 or more.   You can deduct a gift of $250 or more only if you have a statement from the charitable organization showing the information in (1) and (2) below. \n\n  In figuring whether a gift is $250 or more, do not combine separate donations. For example, if you gave your church $25 each week for a total of $1,300, treat each $25 payment as a separate gift. If you made donations through payroll deductions, treat each deduction from each paycheck as a separate gift. See Pub. 526 if you made a separate gift of $250 or more through payroll deduction. \nThe amount of any money contributed and a description (but not value) of any property donated.\n\nWhether the organization did or did not give you any goods or services in return for your contribution. If you did receive any goods or services, a description and estimate of the value must be included. If you received only intangible religious benefits (such as admission to a religious ceremony), the organization must state this, but it does n
46430
She only has to include it in income if she itemized last year. So if used the standard  deduction don't worry about it. And she can claim it even if she don't recieve the 1099-G.
203179
Ask a public tax advisor. Or find a website for your country using the searchwords "payroll" +"tax deductions". This might bring you to a website that offers free calculation of your salary, including tax and social security deductions. If all this doesn't help, the best option might be to simply ask the person who is responsible for your payroll how they calculate the tax deduction.
506111
You have not provided enough information to determine the answer accurately.  How ever if you are single and your monthly salary is $5417 the approximate deductions for Medicare, Social Security and withholding would be $1436.18 plus state withholding of approximately $334.50 giving you a take home of $3646.32. \n WELCOME TO CALIFORNIA\n\nThe following link will take you to an IRS calculator in which you may input more accurate information if you wish. \n\nhttp://www.irs.gov/individuals/article/0,,id=96196,00.html
80504
Yes. Any money that is attached to your social and is turned into the IRS goes in your file. Go ahead and claim the money. Put it on a schedule c fill out the 8829 business use of your home. You can take meals, cable,electric,phone,and toys that you bought as long as the kids you watched were aloud to use them. There is so much you can deduct. BE careful if you get the earned income credit you do not want your income to be to low or you will get less back. If you earned to much for the credit it might get you low enough to get it.What are the reasons you did not want to claim it. If it is the tax your expenses should take care of that. We try to get more stay at home moms to babysit it is a great tax write off. Meals you can take off the meals that you feed them also. You can take the miles to get the toys and food off there is so much. I'll be watching to see if you put any more info in. What the guy said is not true. Well it is if you are a w-2 employee. If you got pd cash you are not. If you got pd cash and made over 400 then you have to file a tax return. The reason is you have not pd social secutity and medicare tax. I'm not sure how that will affect the kids medicade. If you show that you actualy did not make any money eventhough you got pd. It might not matter? I dont know. If they ask you can just tell the truth yes you got pd. but you spent all of the money on taking care of the kids. Go to IRS.GOV pub 587 is the business use of you home and form 8829 is the form you will fill out for the business use of your home part. Ypu can also type in childcare in my home in the keywords box and see some of the topics they have listed. With all of the deductions that you are aloud to take there is a good chance that you will not owe money but show a loss. Any toy you bought you can write off as long as the kids you watched were aloud to use it (outside toys,swing set ect)
499932
This is a good question to discuss with a tax accountant.  You are not restricted to anything, but some things may be tax-deductible, others may not be, and yet others would only be tax-deductible uo to a certain limit, which could be either an absolute number or a percentage of employee's earnings...