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Frequently Asked Questions

Can I deduct my medical expenses on my Income-Tax return?

CCFC Crohn's and Colitis - FAQ's
Certain medical expenses incurred by you, your spouse or common-law partner and particular dependents are qualified by Canada Revenue Agency ("CRA") for a federal tax credit. You may claim expenses paid in any twelve-month period that ends within the taxation year if they were not claimed previously. The expenses claimed must be greater than either 3% of your net income or $1,844, whichever is lower, to be eligible.
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Can I deduct writing expenses for tax purposes, and if so, how?

The Freelance Writing FAQ: Frequently Asked Questions about ...
Consult a qualified tax advisor about your specific case, but in the United States you would use a Schedule C and can deduct such expenses as paper, postage, computer equipment, dues in writing organizations, books and magazines necessary for research, seminar fees, and travel that is strictly necessary for your freelance work. Discover a highly profitable vehicle for your verbal creativity that leaves traditional publishing options in the dust.
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Are corporations allowed to deduct Arkansas income tax on its Arkansas return?

DFA | Office of Income Tax Administration | Corporation FAQs
No. ACA 26-51-416 does not allow Arkansas or federal income tax or taxes that increase the value of assessed property to be taken as a deduction.
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Which business expenses can I deduct for income tax purposes?

Welcome to the New Hampshire Small Business Development Cent...
Generally, all the expenses you incur to start and operate your business are deductible, however many are subject to various IRS rules; for example, start-up costs, vehicle expense, meals and entertainment, and use of a home office. Start by reading IRS publications (such as the Business Tax Kit) and looking at the tax returns for your form of business. For sole proprietors, that is a Schedule C. You can get IRS materials from the IRS web site at www.irs.ustreas.
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If I use the healthcare account, can I also deduct healthcare expenses on my tax return?

Welcome to mySHPS | FSA Frequently Asked Questions
Yes, but you cannot deduct the same expenses for which you have already been reimbursed from your FSA and vice-versa.
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If I use an HRA, can I also deduct healthcare expenses on my tax return?

Welcome to mySHPS
Yes, but be careful. You cannot deduct the same expense for which you have already been reimbursed from your HRA and vice-versa. You should consult with a qualified tax advisor for more information.
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Can I deduct employer taxes on my income tax return?

U.S. Household Employment Taxes Frequently Asked Questions
Taxes included in your itemized deductions on your tax return are limited to three kinds: state and local income taxes, real estate taxes, and personal property taxes. They do not include employer taxes for household employers. However, there may be some tax advantages available to you either from the Child and Dependent Care Tax Credit, or from an employer-sponsored tax-exempt benefit under a cafeteria plan.
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Can I deduct CAM treatments on my income tax return?

Paying for CAM Treatment [NCCAM CAM Basics]
In tax year 2005, the IRS allowed taxpayers to deduct medical expenses for a limited number of CAM services and products, such as acupuncture and chiropractic care. These expenses were generally allowed for taxpayers and their spouses and dependents. Note that people cannot deduct the same medical expenses from their taxes and an FSA or HSA.
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Can I deduct medical expenses?

fb-cpas.com-FAQ
Yes. However, those expenses are subject to a limitation equal to 7.5% of your adjusted gross income (AGI). The amount above that limit shows up in the Schedule A (Itemized Deductions) and may be subject to further limitation depending on your AGI. Most taxpayers find it difficult to break this floor amount. Health insurance and therapy costs are qualified medical expenses.
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Can I claim my complementary and alternative medicine expenses on my income tax?

Enerchi Health - A Complete Guide to Complementary and Alter...
a general rule, any medical expenses that you incur as a result of a visit to a conventional doctor can be claimed on your income tax return. Therefore, if for example a doctor refers you to an alternative practitioner such as a massage therapist or chiropractor, then those expenses can be claimed. Otherwise, probably not, but ask your doctor or your accountant if they are aware of other possibilities. back to top
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Can I deduct my expenses when I file my income taxes?

Weight Management Center - Common Questions
The Internal Revenue Service (IRS) has changed its policy regarding how taxpayers may deduct the costs of weight loss/ weight control programs. Click here to learn more about this exciting new deduction.
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What is the due date for my Virginia income tax return?

Virginia Department of Taxation
The due date for your Virginia income tax return is May 1. If the due date falls on a Saturday, Sunday or legal holiday, you may file your return on the next business day. The United States Postal Service postmark is used to verify the date your return is mailed. If you are a fiscal year filer, your return is due the 15th day of the fourth month, following the close of your fiscal year.
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Are there limits to the amount I can deduct on my tax return?

Charity Deductions - Frequently Asked Questions
Yes, you should consult your account/tax preparer to determine your limits. However, this website is useful for donations in the $0-$5000 range.
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My LLC did not have any income or expenses this year. Do I need to file a tax return?

FAQs: Partnerships
It depends. If you are not required to file a federal Form 1065, you are not required to file a Minnesota partnership return. The instructions for federal Form 1065 state: "Except as provided below, every domestic partnership must file Form 1065, unless it neither receives income nor incurs any expenditures treated as deductions or credits for federal income tax purposes.
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Can I deduct the donation of a vehicle from my income tax?

Charities Review Council - FAQ: Donating Your Automobile
Generally, in order for your donation to be tax deductible, the proceeds of the donation must go to a charity -- a 501(c)3 tax-exempt organization. Contributions to other types of tax-exempt organizations, such as 501(c)4, are generally not deductible. If the charity or the intermediary asks you to leave the title and keys in an unattended, unlocked vehicle, don't do it. There are state regulations about title transfers that apply to car donations.
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Are my expenses on eCPDsa deductible for Income Tax purposes?

Frequently Asked Questions - ecpdsa
CPD is obligatory to maintain your registration with the HPCSA, all expenses on eCPDsa may be deductible from your taxable income. This also applies to your telephone and internet connection costs. Keep the eCPDsa tax invoices that were sent to you by e-mail, for record purposes. Talk to your tax consultant about claiming your expenses on CPD from your taxable income.
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Can I deduct Charitable Contributions on my Net Profit Tax Return?

FAQ Business Frequently Asked Questions
Charitable contributions may be deducted to the same extent allowed federally as if the business were filing as a C corporation.
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a self-employed actor, what expenses can I deduct against my income?

Goldwins :: Chartered Accountants
The law provides that any expenses incurred wholly and exclusively in the performance of your professional activities are allowable. In practice, the Inland Revenue usually permits the apportionment of certain items between private and business use - items such as motor expenses, hairdressing, and use of home as office. Each case will be decided on its merits, so it is not possible to give any hard and fast rules.
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Can I deduct expenses?

City of Modesto Commercial Business License FAQ
No. You must report the total amount of money collected, not just your profit. See the back of the Declaration of Gross Receipts form for allowed adjustments.
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How do I get a copy of my North Dakota income tax return?

FAQ: Individual Income Tax, Office of State Tax Commissioner...
An individual who derives any gross income from North Dakota sources and who is required to file a federal tax return is required to file a North Dakota tax return for the same year. This requirement applies to both residents and non-residents of North Dakota.
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Do I have to file a DC income tax return?

Office of Tax and Revenue: FAQs: General Filing
Your permanent residence was in the District of Columbia for either part of or the full taxable year. You lived in the District of Columbia for 183 days or more during the taxable year, even though your permanent residence was outside the District of Columbia. You were a member of the armed forces and your home of record was the District of Columbia for either part of or the full taxable year.
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When do I need to file my individual income tax return?

Frequently Asked Questions - Individual Income Tax
Calendar year taxpayers must file no later than April 15th. Fiscal year filers must file no later than the 15th day of the fourth month following the close of their taxable year.
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Will all the companies offer preparation and e-filing services for my state income tax return?

Free File: Frequently Asked Questions
No. While some companies that you select to prepare your federal return may support your state income tax return, some may not. Before you select a company, you may want to use the "Guide Me To A Company" tool on IRS.gov to determine which companies offer state tax preparation and e-filing services for your state. See below for more details about the "Guide Me To A Company" tool.
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What if I lost my income tax return?

Financial Aid Office - Frequently Asked Questions
You can call the IRS at 1 (800) 829-1040 to request a Letter 1722, which is acceptable documentation in lieu of a copy of your original return.
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Must I file a tax return even if I do not have any income?

Community College of Philadelphia
Yes. All F-1 students who have been present in the United States for five different calendar years or less must file a United States tax return each year. Instructions and forms are available at International Student Services (ISS) each year in March.
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When will I receive my Income Tax Return?

WBS - FAQs
IRAS is in the process of sending out the Income Tax Returns. All self-employed persons should receive their returns by 1 Mar 2007. You would need to submit your IRAS Income Declaration Form B by 30 June 2007 to qualify for the second portion of WBS.
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Can I write off expenses for this trip on my income tax?

Facts for the Southeast Asia Traveler
If you are a teacher, a graduate student earning course credit on your trip, a researcher, a writer, or you engage in a profession or occupation for which knowledge of your travel destination would enhance your professional capabilities, or if you travel to SE Asia to further your business, such as export/import, you may be able to deduct part or all of your travel expenses from your income tax. Check with your tax advisor.
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