OK i am filing taxes tonoght. i am a single mother of a 4 yr old who attends a private school. what type of other things can i use as exta deductions. i would like to the most i can!! if u have any suggestion, please let me know!!!
2007-01-17 02:35:12 · 3 answers · asked by Anonymous in Business & Finance ➔ Taxes ➔ United States
If you are filing Head of Household (not Married Filing Separately), you can be eligible for
Additional/Child Tax Credit
Child Care Credit
Education Credits
In addition to the list of deductible items on Schedule A.
Make sure you bring receipts for -
when you paid someone (their social security number ) or a facility (their EIN) to take care of the child while you work
education related expenses
And for the list of Schedule A deductibles, go to http://www.irs.gov/instructions/i1040sa/ar01.html#d0e374
Best wishes.
2007-01-17 05:14:56 · answer #1 · answered by JQT 6 · 0⤊ 0⤋
If you are working, and having the child in school makes it able for you to work (don't have to stay at home with your child), then you could take the position that the school tuition is child care expenses that could be claimed for the child care credit. That will get you an extra $280 on your federal return.
2007-01-17 11:32:57 · answer #2 · answered by jseah114 6 · 0⤊ 0⤋
I suggest turbotax
they go through every deduction possible, if you wish
it's simple, step by step and fairly inexpensive
This will be my third year filing with turbotax. I wouldn't go anywhere else
2007-01-17 10:44:11 · answer #3 · answered by Patty O' Green 5 · 0⤊ 0⤋