Tax write offs...single mother head of household?

Question

what are some things that are considered write off's? i am a newly single mother and would like to get the most from my income tax....what do i need? what are considered write off's?

Answer 1

Unless it's business related, there really are not any write off's. You get tax credits if your income fits certain guidelines, however.

I'm guessing you are hoping you can write off things like diapers, or new toys, or parenting classes and such, but those things would only qualify if you were running a daycare.

Answer 2

If you are self employed then just waking up is pretty much a tax deductible event in my book. Newly single? Are you getting Alimony? If so that is taxable as income while child support is not.
Your child(ren) are tax deductible as are certain child care expenses depending on your income. If you own your home, the interest you pay and the real estate taxes are fully deductible. If you use your automobile for your job you can right off the mileage or depreciation, Mileagae is easier( been doing it for 25 yrs) If you subscribe to publications that help in your job, right those off. Not trying to be a smart a..., but in my mind, everything is tax deductible until the IRS tells me otherwise. Keep in mind, however you have to have a certain amount of deductions and I do not know this years amount, before you can itemize and take advantage of all possible legit deductions. If you are good with the computer, I strongly suggest you use Turbo Tax and do your taxes yourself, buy it before the year is up and you can actually deduct the cost of the program off this years taxes. Make as big of an IRA contribution as you can up to the max allowed. Lots of ways to keep Uncle Sam out of your pocket.

Answer 3

Job related expenses,
moving to a new location for work,
job related travel (mileage),
NOT transportation to and from work,
morgtage interest,
personal exemptions for you and each child,
charity donations which are usually a fixed allowance,.
IRAs.
If you are in a state with no income tax, sales taxes are deductible, if not itemized, a fixed allowance.

You should calculate the short form and compare to itemized. You may not have enough itemized deductions to gain anything.

Answer 4

To get head of house... take with you the names and addresses of every landlord and how much you Paid...know how long you lived at this add. You can also use your babysitter as a write off all you need is their social security number and how much you Paid in the last year.