Education Tax Credit Question?
My son paid for a semester at College next to Bonds given to him by his grandfather. These were within his and his dads name.The School sent the 1098-T to him. We are claiming him as a dependant and want to claim the Hope Credit, Who should claim it, him or us ?
Answers: Since you are claiming his a dependent on your taxes, and the money used to wage for his college was contained by both your husband's and son's name, after legally, you are to directory for the Hope credit.
How can I bring a statement from my daughters' child thinking providers for my income taxes if they go out of?
buisness?Answers: you need to try and contact the owners of that business, If you hold any numbers to call them. except you may be able to use your salary statements..
Didn't they send you monthly bills? If so, you can use those.
Do you own canceled checks to substantiate the expenses? Itemized credit card statements with the provider's moniker and dates compensated?
Regarding Form 2241, on which you figure the amount of credit you can purloin, you should report whatever information you hold (such as the name and address) on the form you use to claim the credit. Enter “See Attached Statement” contained by the columns calling for the information you do not have. Then attach a statement explaining that you requested the information from the contemplation provider, but the provider did not give you the information. Be sure to enter your pet name and social security number on this statement. The statement will show that you used due diligence contained by trying to furnish the necessary information.
You still entail to have proof for the amounts that you in fact are claiming.
What things have tax on them and what things don't have tax?
Answers: Food items are not taxed. Everything else is pretty much taxed. Candy and soda are not considered food items and are taxed.
It definitely depends on where you live. I live in Alaska. Our major communities do not have sales tax at all. Most smaller communities do have sales taxes.
It surprised me as I traveled through the country this year to see the difference on taxes. In Florida, I had to pay tax on my soda pop if I bought one that was 20 ounces or less, but if I bought a six pack of 24 ounce bottles, I had no sales tax.