Can I write off receipts for tax returns?

Question

I saved all of my receipts from credit card purchases, and was wondering if I could write it off for tax returns? I am a college student, currently without a job...I worked for about 6 months this year, though...

Answer 1

Whether you paid it with a credit card, check, or cash doesn't really matter. You cannot deduct credit card interest anywhere, either. As a student, if you were paying for college expenses, you might qualify for one of the Education Credits, Either the Hope or Lifetime Learning Credit, or the tuition and fees deduction. As stated earlier, if you were running your own business, and the expenses were business related, you might be able to write those off.
Do yourself a favor and have your tax return either done or checked by a qualified professional this year so that you can get educated on what your deductions are. As a student, there are about 4 ways to deduct education expenses, and you have to figure out which is best for you.
If you itemize, which it doesn't sound like you will do, then you can, in some cases, deduct sales tax. That's the only tax-related reason to save ALL of your receipts. Otherwise, you only really need the ones that are business or education related.

Answer 2

You can not write off credit card interest for personal purchases. This benefit ended several years ago.

Answer 3

Credit card purchases, per se, cannot be "written off" on tax returns.

Answer 4

If your job earlier in the year was your own business, and the receipts were for expenses for the business, then you probably can deduct them. Otherwise, not unless you can itemize and they are allowable deductions. The government isn't going to pay your personal expenses.