What percentage of your income tax return do you invest? What investment will you choose?

Answer 1

I don't invest any. By the time I get it I need to put some money into car maintenance or catch up on some other bills. The only thing I've invested in is accidental life insurance.... in case I die in an accident my daughter will have some money.

Answer 2

Hi,
The more the better I'd say - this money is pure cream on top of your yearly income so in theory you should be able to invest the whole lot. Offcourse people need to rest, relax etc. so a small portion spent on such perks is justified.
To help you with budgeting & investing I'd recommend a personal finance software by Australian business Parcus Group.
Easy to use program with features including budgeting, financial planning, real estate analysis, shares valuation, life insurance...
Costs US$24 or AU$29 so it's not a huge investment but absolutely great value for money.
You can get it on
http://www.parcusgroup.com/index.html
Regards

Answer 3

expensive Y: he's all yours for the great twelve months. in case you employ a application to do your taxes ensure you answer the question "how many months of the twelve months did your son stay with you"--twelve months as some comfortable ware classes at the instant are not clever adequate to understand a clean born and one month is the great twelve months. you will additionally qualify for one extra $3 hundred stimulus fee for final twelve months with the start in Dec. Line 70 on your 1040 could be $3 hundred in case you acquire all your stimulus final twelve months. this suggestion replaced into arranged in accordance with our know-how of the tax regulation in result on the time it replaced into written because it applies to the info which you presented. click on my profile to examine extra. Errol Quinn grasp Tax consultant Enrolled Agent.

Answer 4

the more I do tax returns, the more I like the idea of off-shore tax shelters!