Question

 Much Are You Allowed to Deduct for Charity on Taxes?

Answer U.S. taxpayers are not allowed to claim more than 50 percent of their adjusted gross income under charitable deductions for the tax year being filed. The IRS classifies deduction limits based on th... Read More »
http://www.answerbag.com/q_view/1793129

Top Q&A For: Much Are You Allowed to Deduct for Charity on T...

Can you deduct gas on your taxes?

On One Hand: Not Regular CommutesIf you just drive from your home to your job and back, you cannot deduct your gas costs. However, if you work multiple jobs, you can deduct the cost of gas used dri... Read More »
http://www.answerbag.com/q_view/1983314

Can I deduct PMI on taxes?

Congress extended the law through 2010 allowing taxpayers to deduct private mortgage insurance (PMI), but only for homes bought or refinanced since Jan. 1, 2007. The deduction is only available for... Read More »
http://www.answerbag.com/q_view/2049273

What can you deduct from taxes?

Several tens of thousands of pages (maybe more) exist on this topic. No list does, nor is a list possible.
http://wiki.answers.com/Q/What_can_you_deduct_from_taxes

Can I deduct any of my FSA on taxes?

A flexible spending account (FSA) reimburses out-of-pocket medical expenses and contributions are made from your pre-tax wages. According to the FSAFEDS Program, you may not claim on your tax retur... Read More »
http://www.answerbag.com/q_view/2053352


feedback
loading