Posts Tagged ‘parents’
Can I receive tax deductions for contributing to a charity if I am claimed as a dependent?
Posted by admin in Tax Questions on July 22nd, 2010
My parents are claiming me as a dependent on their taxes. I made a monthly tax deductible cash contribution to a charity. I was wondering if I could itemize the deductions, or if my parents could since they claim me.
What kinds of personal tax deductions can I use to my advantage (legally)?
Posted by admin in Tax Questions on April 23rd, 2010
Here’s a breakdown of my life and expenses:
1. I run a freelance business repairing computers and Installing audio systems (only made 0… dead serious)
2. Live with my parents in california
3. work at t-mobile selling phones (hourly+commission)
4. I do not have kids
5. I am a student
I know my personal deductions are limited aside from business expenses, but I would like to know what options I do have. Any help will be greatly appreciated.
