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Answered: Deductibility of cost of perscription drugs ...

Cannot deduct on a US tax return. It is specifically in the rules. Technically, the drugs were obtained illegally.

Answered: Can I claim foreign tax credit carryovers for past ...

No. The carryforward has to be established from prior years returns.

Answered: Where to list local tax

You don't. It doesn't go on the state return. In some instances there is a separate local tax return to be filed. Search on the PA Dept of Revenue site or Google the locality name and "tax return".

Answered: Payroll Tax Cut Extension: Will YOU Be Effected?

QOTD, I realize that you are a leftist hence have yet to master the American language, however, the correct term in your question would be, "Affected." "Affect" and "Effect" are two different issues ...

Answered: Should Romney Pay More Taxes?

He should pay the legal amount dictated by law.. No more, no less. If you were rich, wouldn't you want as much?

Answered: Gasoline taxes

In South Carolina, the combined tax on a gallon of gas is 35.2 cents, of which 16.8 cents is state tax and 18.4 cents is federal tax. Only Alaska, Wyoming and New Jersey charge less tax on gasoline.

Answered: Where can i find what is owed and how much is owed ...

You need to know the Bank who holds the papers and permission to ask.

Answered: Long Term Health Insurance

yes, you may check long term care insurance tax deduction information here's the 2012 tax deduction published by AALTCi Self-employed Individuals: Age 40 and below – $350 Age 41 to 50 – $660 ...

Answered: I received a lump sum of $7,600.00 from a third ...

The bank doesn't notify the IRS, the insurance company paying the benefits or your employer does. They issue a W-2 for the third party sick pay. You have to pay taxes on it because it is considered ...

Answered: What to do when dependent child claim himself on ...

Over 18 and a student can still be claimed as a dependent if the parent is providing more than 1/2 the support. If the child has erroneously claimed himself as a dependent on his return, you need to ...

Answered: Do I have to do an ement. on my taxes for a 1099 ...

I think you mean amendment. If the debt on the 1099C was not discharged in bankruptcy, you do have to declare it as income.

Answered: Filing previous years 1120S with a salary

If you are filing a 1120S for your business, you do not attach a W2 to it. W-2s are only attached to series 1040 personal returns. The bigger question is if you drew a salary that should be reported ...

Answered: Make Money Online (Seriously)

There are many methods to get money from online.I would recommend the Domain name reselling business to make money online.Buy the Domain name reseller account from here Goresellers.com and make from ...

Answered: Around about how much money will i get in taxes ...

Use 1040 EZ. IRS figures Ur tax. Don't x-pect a refund. If U didn't pay in, U must pay on filing.

Answered: My total earned income is 55,543. 6,492 was ...

Take it to a IRS office and ask what to do.

Answered: 2012 irs tax refund date changed to february 7 ...

Thats funny ... mine was accepted 1/24/2012 by 11AM .. wheres your refund on irs site has changed my direct deposit date from 2/14/2012 to 2/8/2012 I am confused like you I think.. So does that mean I ...

Answered: Romney not Concerned with the Poor?

I don't think he's unconcerned with the poor. I believe he's as concerned with the poor as any other politician. Which is, not a hell of a lot. See, they throw out those safety nets and social ...

Answered: How does 2011 form 5498 tie into form 1040

It does not. Form 5498 is just information about your retirement account.

Answered: Deductions

You can if you: 1) provide more than half his support (which includes the value of the housing you provide for him) and 2) his income is less than $3,700 a year. I suspect you may fail the second ...

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