2007-08-21 23:21:54 · 5 answers · asked by ilayaraja p 1 in Business & Finance ➔ Taxes ➔ India
Are you filing US tax returns and are you filing a joint return? Please consult a qualified tax advisor.
2007-08-21 23:27:32 · answer #1 · answered by My name here 2 · 0⤊ 0⤋
I assume that you are filing a joint return. If they are business expenses but not reimbursed, you might be able to deduct them as an itemized deduction. A better way (save more taxes) would probably be to take an education credit for part of her tuition and fees. If she's in her first two years of post-secondary education you can probably take a Hope credit, otherwise Lifetime Learning.
2007-08-22 10:44:39 · answer #2 · answered by Judy 7 · 0⤊ 0⤋
In the U.S., you may be able to if you file a joint return. I know that interest you pay on a student loan is tax deductable, but I'm not sure about supplies, tuition, or room and board.
2007-08-22 06:30:40 · answer #3 · answered by my brain hurts 5 · 0⤊ 0⤋
That would make you have negative income...because you must spend a fortune trying to teach her anything.
I tried to teach her some new positions and she would never understand. So now, I just push her around till I get her in the one that I want.
2007-08-22 06:29:20 · answer #4 · answered by Anonymous · 0⤊ 1⤋
Sure. Go ahead.
2007-08-22 06:26:10 · answer #5 · answered by ? 5 · 0⤊ 0⤋