Taxes Questions and Answers

Can my gym membership and personal training be used as a tax deduction?




Answers: Opinion: If you run a business - say a physical training consultant or something where these expenses are NECESSARY to for your business, you could deduct them.. Talk to a tax professional.
BECAUSE? As what?
Nope. It's a personal expense, not a deductible expense.
No. Not even cops, firefighters or the military can deduct those. They are explicitly excluded regardless of the justification.
You cannot deduct health spa expenses, even if there is a job requirement to stay in excellent physical condition, such as might be required of a law enforcement officer.
In some instances if you get a doctor's PRESCRIPTION for it but you must include it with any other receipts that you are trying to claim for the medical deduction. It won't necessarily add up to enough to be able to claim.

It is very rare.

Can I claim lead of household AND an exemption if not a soul else is claiming my girlfriend's daughter??

and might I be able to claim my girlfriend as she is a full-time student. Thanks surrounded by advance!


Answers: Only your girlfriend can database as HoH based upon her daughter. If you claim the daughter you are NOT entitled to directory as HoH as the daughter is not YOUR child.

You can claim your g/f if:

1. You lived together ALL year.
2. She had smaller amount than $3,400 in gross income (excluding ONLY non-taxable Social Security.)
3. You provided more than partly of her total support for the entire year.
4. There is no local law or ordinance that prohibits cohabitation, even one specifically unenforced.

You can claim her daughter if 1 - 3 above are met AND noone else files a tax return lising her describe and SSN on it for ANY reason.

Neither of them qualify you to profile as HoH, however, or to claim the EIC.
No.

If your girlfriend and her daughter lived with you adjectives year (1/1-12/31) and your girlfriend's income is under $3400 you may be capable of claim them. If there is a tenet banning cohabitation on accounts in your state, you can not claim your girlfriend.

Unfortunately, neither of them qualify you to be Head of Household.
you still enjoy to meet the support tryout outlined in the instructions.

that not a soul else appears to be claiming the young woman does not automatically mean that someone is eligible to do so, nor that it is you.
NO.

To profile head of household, you must own a qualifying child. Only relatives can count as a qualify child. The child must be YOUR CHILD to be a qualifying child underneath the Head of Household rules.

To claim her as a dependent, if she is not your daughter, she must have lived beside you all year and you must own provided over half her support, and they can not own made more than 3400 during the year.
Not enough info.
If your girlfriend made smaller number than $3400 and your cohabitation does not violate local law, next yes you can claim her. You may be able to claim her daughter also, if you are supporting her. This would offer you two dependents.
To qualify as head of household, you must join all of these test:

1. Not married at the end of the year
2. You rewarded more than half the cost of keeping up your home
3. The home be the principal residence for more than half the year of any a) your qualifying child or b) your qualify relative
4. You are a US citizen or resident during the entire year

The child is not a qualifying child but she may be a “qualifying relative” if she lived next to you for the entire year. Did either of them live next to you the entire year?

Brad K.
http://www.taxcpadirect.com

2008 Tax Rebate?

I cant find an answer to this. I am head of household, made underneath $35,000. I have a 17 year elderly and a 13 year old. How much would I find for the 2008 tax rebate? They are both my dependants. I am confused, because, I didnt qualify for the Child Credit, due to my 17 year prehistoric being that age at the downfall of 2007.


Answers: This is your tax rebate...

$600 for you, and $300 for respectively kid... For a total of $1,200.
Please, hold off on spending the export tax rebate...In years past this "rebate" be taken out of the next year taxes...

What this set of two of rebaters are doing is holding off spending because we are contained by the pinch of next year paying the rebate put money on. We do not get much for a due refund year to year (kids grown and individual him and I) Our tax repayment is under 500 per year so for the two of us the "refund" is 1200. Sounds suitable. Next year, with our couple of hundred excise refund, we will stay on the straight and peter out plus have the interest of the 1200. The money will be near to pay Uncle Sam and we will still capture out regular tax compensation.I really cannot afford to cough up 900 bucks for this predicament.

You should get 1200.
Under the compromise bill passed by the Congress, you would be eligible to receive a rebate of up to $600 if you rewarded that much in Federal Income Tax. If you one and only paid $350 within taxes (less than the $600 rebate limit), you only get hold of back $350. Since you have earned income of at lowest $3000, you would get at lowest the minimum rebate of $300. Since you qualify for a rebate, you would get $300 for the child below 17 (the cutoff age).

While the rebate depends on your 2007 income, it is actually a rebate toward your 2008 taxes. According to the proposed plan, contained by 2008, taxes would be cut from 10 percent to zero percent on the first $6,000 dollars of taxable income for individual taxpayers.

It's close to a one time tax cut for 2008, but you acquire the rebate now instead of waiting to directory your 2008 taxes. Because this is an advance clearing on your 2008 taxes, your refund subsequent year could be more (or less!) depending on your 2008 income.

Use the relation in the best answer source to the runeye.com below to compute your rebate.

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