What things can I claim on my taxes for deductions. I am a 24 yr old married mother of 1 and 1 on the way? I want to make sure that I am getting all that I am entitled too. Any suggestions??
2007-02-06 07:23:21 · 5 answers · asked by Luckie_21 1 in Business & Finance ➔ Taxes ➔ United States
There are many tax deductions available (Around 350) and you claim all that you are eligible for. You can claim deductions for child care ( if you spend on that), education, etc. You may be able to find more about some of the commonly claimed deductions at http://www.bestonlinetaxpreparation.com/Tax-Deduction.html
2007-02-06 07:34:12 · answer #1 · answered by onlinetaxsiteswatch 2 · 0⤊ 0⤋
Unless you own a home, there's probably not much for you to deduct. Just file a joint return with your husband and claim your child (but not the bun in the oven yet). Depending upon your income level, you may be eligible for the Earned Income Tax Credit. That could be a significant benefit for you.
2007-02-06 15:32:40 · answer #2 · answered by Bostonian In MO 7 · 0⤊ 0⤋
You can donate to charity organizations for a tax deduction. http://www.onlinecardonation.com/vehicle-taxdeduction.html. This non-profit charity accepts collectibles, all different vehicles, real estate, even aircraft. It's free of charge, convenient; they pick up your donation. Besides the good deed of donating to charity, you get the perks of the tax savings. :)
2014-03-05 18:49:55 · answer #3 · answered by Fishouttawater 1 · 0⤊ 0⤋
turbo tax is the only way to go other than taking it to a professional...but Turbo Tax is just like a professional. It leads you step by step! I love it.
2007-02-06 15:32:36 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Use Turbo tax..you can go on line and they will give you step by step help. Very easy !
2007-02-06 15:25:56 · answer #5 · answered by whatelsewhatever 3 · 0⤊ 0⤋