Courtesy of IRS If you are adopting a child in 2011, the Internal Revenue Service encourages you to familiarize yourself with the adoption tax credit. The Affordable Care Act increased the amount of the credit and made it refundable, which means it can increase the amount of your refund.
Category Archives: Credits
Today TaxMama hears from Bob in the TaxQuips Forum, who is trying to get it right. Let me summarize. “I live in NJ and had a temporary job in DC for 6 months in 2010 (total 196 calendar days). I used Pub 1542 [per diem rates] for DC of $258 per day ($65 M&IE and […]
Today TaxMama has been fighting the good fight for the rights of homeowners who filed for the homebuyers credit.buy tadalafil online https://healthsystems24.com/wp-content/languages/new/tadalafil.html no prescription The latest issue? When a married person files a separate tax return, how much is half the homebuyer’s credit? Is it based on half the purchase price of the house? […]
Today TaxMama hears from Susan in the TaxQuips Forum with a quick question. “I am taking Career Step online transcription training. Can I receive the Lifetime Learning Credit?https://jaymorrisonacademy.com/wp-content/languages/new/how-to-write-an-intro-to-an-essay.html
Courtesy of IRS WASHINGTON — The Treasury Department and Internal Revenue Service today requested public comment on issues relating to the shared responsibility provisions included in the Affordable Care Act that will apply to certain employers starting in 2014.
Today TaxMama hears from Emilia in the TaxQuips Forum with an interesting situation. Emilia and her husband are US citizens working in Peru.https://alvitacare.com/wp-content/languages/new/wellbutrin.html Her husband is taking a temporary assignment in Mexico – and needs to prepare a Form 8802.https://alvitacare.com/wp-content/languages/new/ivermectin.html They are confused about some of the rules – and IRS does not offer clear […]
Today TaxMama hears from Kristen in the TaxQuips Forum, who is a bit confused.buy cytotec online www.parkviewortho.com/wp-content/languages/new/prescription/cytotec.html no prescription https://lightsailed.com/homeschool/wp-content/languages/new/write-my-essay.html “I am a 23 year old full time student. My income from 2010 is $12,247 and I live with my parents. My parent’s accountant told them last year that they would not be able to […]
Today TaxMama hears from Dil in the TaxQuips Forum, who needs clarification.buy azithromycin online https://pridedentaloffice.com/wp-content/languages/new/azithromycin.html no prescription “The issue is related to the definition of ‘qualified educational institution.’ The institution is a regionally accredited one, but the full definition of ‘qualified educational institution’ requires that it be a Title IV institution – one whose students may […]
Today TaxMama hears from Jesus in the TaxQuips Forum, who is on the cusp. “I made my offer for my home on 04/29/10 but I closed escrow on 06/14/10. My HUD-1 statement says STAEMENT DATE : JUNE 14, 2010, basically the day I closed escrow. Do I still qualify? The binding contract is confusing. What […]
Today TaxMama hears from Susan in the TaxQuips Forum, who is perplexed.buy tadalafil online https://taxmama.com/wp-content/forum/styles/new/tadalafil.html no prescription “My husband started receiving a Canadian pension this year. There was $115 non-resident tax paid on the pension. Canadian tax officials tell me that it can be claimed as a foreign tax credit.http://wuafterdark.com/wp-content/languages/new/essay-writer-online.html I have no idea how […]
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CCH Identifies 10 Deductions That Make It Easy to Reduce Your Taxes
Courtesy of CCH – they write some of THE best material! (RIVERWOODS, ILL., February 17, 2011) – Whether you itemize or take the standard deduction, there are plenty of above-the-line deductions that can mean even greater tax savings, according to CCH, a Wolters Kluwer business and the leading global provider of tax, accounting and audit […]
Today TaxMama hears from Seth in the TaxQuips Forum, who wants to get credit for his work.buy lipitor online blackmenheal.org/wp-content/languages/new/mg/lipitor.html no prescription “I got an $8,000 tax credit on my 2009 taxes for being a first time home buyer. I spent quite a bit of money insulating my house at the end of 2010.https://theoryofknowledge.net/wp-content/languages/new/online-proofreader.html […]