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| *The Commerce Journal>>>United States Taxes |
CA Sales tax? Refundable or deductible? |
I collect any receipt that has sales tax, and it's becoming a mess. You can chose between deducting sales tax and state income tax. You can deduct your actual sales tax paid or use the IRS tables. Add tax for big ticket items to the table amount. As a generalization, you will have to buy a new car before deducting sales tax makes sense. On the 1040, only if you itemize. California sales tax is not deductible unless you buy big ticket items like a house. Not refundable, but if you itemize, you might be able to deduct them. But since CA has a state income tax, if you're paying that you'd probably be ahead to deduct that - you don't get to take both. |
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yes. you can write of the sq footage used for your office. plus (depending on your business, ask your account) you can write off anywhere from 10 to 15% of your utilty bills. i also write off my en... I do not believe you charge sales tax for those services, however, if you are selling software, the software would be taxed. To make sure, I'd call the NY State tax deparment: 1-800-972-12... Not unless they are part of your business. If they are a business expense then, yes. Otherwise, no. ...The monies collected go into the general fund to help pay the bills of the United States Government. This is why the government moved all the social security to the general fund some years back and... She has nothing to file on, so doesn't have any tax credits coming so there would be no point in her filing a return. If her gross income for the year is under $3400 and you provided over h... If you file a 1040 with child care expenses, you should be OK and not have a delay. Apparently the reprogramming for that has been completed. ...You should try getting one of the tax books sold in bookstores (no, I won't mention the names since I'm not paid to endorse them). The books are the "popular" ones that cost ... IF you owe IRS call 1-800-829-0922 or 1-800-829-8374 and arrange for an installment agreement. Or visit IRS website, and you can request an installment agreement on line. OR download form 9465 an... |
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