I was an employee for one company all of 2006 in Iowa. What are some common or not so common writeoffs that I could use to lessen the amount of taxes I owe? any good sources or websites would be much appreciated.
2007-01-25 09:42:25 · 2 answers · asked by Anonymous in Business & Finance ➔ Taxes ➔ United States
Zachary is way off base here, or is just trying to be funny. Pay no attention to his "suggestion".
Did you pay interest on student loans? Contribute to an IRA? Unless you owned a home most of the year, you're not likely to be able to itemize.
Don't forget the telephone excise tax credit. OK, it's only $30, but better you have it than not.
2007-01-25 14:52:50 · answer #1 · answered by Judy 7 · 0⤊ 0⤋
you can claim any purchases you made thru the year over 100 dollars as a write off.
2007-01-25 17:49:58 · answer #2 · answered by Zachary P 1 · 1⤊ 2⤋