Tax press, travel expenses?
I have to drive 180.00 per week to a trunk hospital for daughters medical condition(brain tumor) plus pay 20.00 a light of day parking. Can I take this travel expense past its sell-by date on my taxes?Answers: Yes they are cosnidered medical expenses. However, jsut as someone stated, the amoun must be mre than 7.5% of your AGI. In addition, medical miles are a set amount per mile. Go to www.irs.gov and type within medical deductions surrounded by the search engine. That will make a contribution you all the info you involve for taking medical deductions.
Best wishes for your daughter and you!
Also, did you know you can e-file for free, or for merely a modest fee by going through the irs e-file program? Check out www.irs.gov, and click on the e-file oval. It will guide you to a program to report your federal return, and if necessary, your state return.
Maybe. It's a medical expense, and the mileage rate is 30 cents a mile.
You can take off your unreimbursed medical expenses if you itemize, but can only reduce by the amount that's over 7.5% of your adjusted gross income.
Good luck - I hope her treatment is successful.
Federal taxes?
I already e-filed my federal taxes with turbo levy. they have be accepted and my repayment is already being processed. very soon today, i recieved a W-2 that I wasn't expecting. i completely forgot that i had worked at this other place for the first few months of 2007. what should i do??Answers: There is an ammended rates return that you can file. You can check the IRS website for said form. I believe it is form 1040X. See forms and Publications
Do a revised return. Don't spend your settlement until you know your not going to owe some back.
Good Luck!
wallet a 1040X amend the return and bring it up to the IRS attention so as not to cause a red flag for audit
What's my tax percentage if am paid weekly?
Answers: Average is 25% dependant on your tax code.This includes tax and NI.
It depends if its a second job then you get taxed at 22% otherwise it all depends on your tax code. Best to have a nose at the Inland Revenue website or call them direct to get an accurate reply.
Good luck
At the moment, you get to earn a certain amout a year tax free - that is you wont pay tax on that. This is £5225 a year (£100 a week). If you earn less than that you wont pay any tax
After that you will pay 22% of your salary when you earn between the £5225 and £33300 a year (£100 to £640 a week) and above that you pay 40%
So if you are paid £200 a week, you will pay £22 tax (£0 on the first £100, then 22% on the next £100 - £22).
Your pay slip will tell you how much tax you have paid each week and you can work out the percent from that if you want
As a rough rule of thumb I say that the government takes 33% of you with tax and national insurance (National isurance isnt strickly a tax)
Hope that helps