Can you claim car tags on taxes?

Answer If you are claiming a deduction for the business use of your car and use the actual expenses method, you can include the cost of your tags as a vehicle expense. The amount you can deduct will be de... Read More »

Top Q&A For: Can you claim car tags on taxes

How to Claim Options on Taxes?

Options give their holders the ability to buy a specific amount of stock for a set price at a given time. For example, a person may have an option to buy one hundred shares of Microsoft stock for ... Read More »

Can you claim bankruptcy on taxes?

Even if you claim bankruptcy, you will still owe on most taxes, according to Nolo. You will have better luck discharging tax debt under a Chapter 7 bankruptcy versus a Chapter 13. You can discharge... Read More »

Should I Claim 0 or 1 on My Taxes?

Whenever you start a new job, you will need to fill out IRS Form W-4 to indicate how much in federal taxes you want your employer to withhold from your paycheck. Many people elect to choose either ... Read More »

Can I claim my taxes on my car renewal?

On One Hand: Personal Property Taxes Are DeductibleThe Internal Revenue Service allows people to claim personal property or excise taxes as a deduction. Car owners in states with these taxes can de... Read More »