Can I reduce by co-pay for ER look in if ER stop by be later year, but salaried this year?
I had an ER stop by last year and I salaried the ER Visit co-pay early this year. Can I include that expense surrounded by my itemizations on my income tax return?Answers: First - your total medical expenses must exceed 7.5% of your income (AGI) in the past you can deduct anything.
If you remunerated with a credit card within 2007 you deduct surrounded by 2007.
If you paid any other route in 2008 you claim surrounded by 2008.
No, you'll have to continue until next year to reduce by it. It ONLY matters when you discharge the bill, not when the services are rendered.
Now, if you put the bill on a credit card last year and are paying stale the credit card now, consequently the bill would have be paid ending year when you charged it to the card so you could take the estimate on your 2007 return.
no
Is it true that college students in the US exempt from paying income taxes until age 24?
Answers: Absolutely not true. You have some nice deductions available to you (i.e. lifetime learning credit) but you are most definitely not exempt. Check to see if your parents are still claiming you as a dependent, that will make a difference.
Untrue.
I paid taxes at 18 years of ago .and every year since.
Which types of accounts are decreases recorded by debits?a.Assets b.Revenues c.Expenses d.Dividends?
Answers: Decreases to Revenue would be recorded as debits. Revenue is normally recorded as a credit, but if you decrease it, that's a debit.
Revenues
Income goes up if you Credit the account and goes down if you Debit the acount.
Debit cash and Credit Revenue = sales go up and cash balance goes up.