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When conducting a business out of your home, and you are renting the home or apartment, can you use the full amount of rent as a deduction? For example you provide care services for someone who lives outside of you home.

john wippler

An annuity matured in 2009. I had it for 7 years and started with $174,554. My total payout was $205,832, meaning I earned $31,278. Should the $31,278 be treated as a long term investment and taxed as capital gains, or as ordinary income? Please advise. Thank you.


We bought 9.97 acres in 2005 and built a 30x40 storage shed. In 2009 we built another BIGGER shed on the same property. In 2010 we sold the smaller shed along with 2.25 acres. How do I figure out if I had a capital gain or loss. Is there a worksheet that would help? I don't know how to figure this out.


i cant recall recieving any payment 4 stimulas check, for 2009 or 2010, how can i find out?

Ashley Weatherholt

I worked in nevada and lived with my mother for the summer, but my permanent address is in Kentucky because I go to college there.

Do I have to file state taxes in both states. They do not take state taxes out in NV.

Thank you

Kelly C. Augustine

I have an extension to file late, but I need the
forms:1040a and E.I.C. Could you please help me
to get these forms to print up on my printer.
Thank You!

Kelly Augustine

Anne Lehman

Hi, Please I am preparing to buy a car-either used or new lease- and am wondering which of the two will give me a better Schedule C tax deduction. I am self employed and travel a lot for my business.


So im only gonna be 23 for this years tax return and i was just wondering if im gonna be able to qualify for the earned income credit. I will be filing single with one child that will be 9 months old at that time.


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Lorraine Ellcik

How long do I have to keep tax records such as receits, etc.?


i have work a ton of overtime this week. the taxes take it all away. can I file exempt to get the most of the pay and in a few weeks go back to my normal deductions the rest of the year?


Thanks for your provocative and thorouoh post.

Phyllis Nance

I am "self employeed"...$10hr...I make $120 a month teaching sewing lessons -how do I figure up my self employment taxes and how do I go about mailing them to IRS?

Evelyn J Handy

We have a income of about 36,000. We cashed in our IRA because we desperatley needed the extra money we had about 36,000. in there. We left 20% for the government. We carry no dependents for the year and then pick up my wife and I and two minor children. Will we be in a higher tax bracket for the year of 2012?

Mark Evans

can i claim my son as a dependant He makes 15k-20k a year and is a full time student at living at home.


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