Can I deduct the monthly premeium for my home security system monitering from my Fed Income tax?
91560
if you are running a business from home or deducting some home office expenses then you could deduct a portion of the security system as needed to protect the business assets and production of income.\n\nirs.gov would be a place to read up about deducting business or home office expenses.
214799
if you claim 0 they will take out  60.25 in fed tax. If you claim 1 they will deduct 50.73 in fed tax. IRS.GOV PUB 15 in the back are the tables
756433
If you are a US citizen, it's the same rate whether you are retired or not, and the rate depends on what type of income, how much, and what your deductions are (not a simple equation).  The exception is for income received from an exempt source, such as a Roth IRA (which has already been taxed) or from exempt income, such as interest from US Treasury securities.  See your accountant or financial planner for specific details.
425838
If you have owned and lived in your home for over 2 years then you may be able to exclude from income all or part of the gain.  \n\nHere is the info you are looking for.  \n\nhttp://www.irs.gov/taxtopics/tc701.html\n\nCan also find more info here:\nhttp://www.irs.gov/pub/irs-pdf/p523.pdf
331522
There's no way to really answer this without more information.  It depends on what type of pension plan you have, and more importantly, how old you are.  If you are 59 1/2 and it's your own 401k/IRA type plan it's possible you can.  If it's a company provided plan, you'll probably have to take it as a monthly income.  Consult a specialist in your area.
1076600
IwannaKnow gave you a pretty good answer, but there are also some forms at ING that you might want to check out:\n\nhttp://home.ingdirect.com/privacy/privacy.asp?s=FinancialWorksheets
371480
Yes.  You can deduct any investment-related expenses against the investment income you generate.  Use Schedule A.
394239
If the tax was considered state witholdings then it can be deducted on sch A of your federal return. If you do not itemize deductions then there is no other way for you to deduct the tax on your federal return.
1180526
No, you cannot withdrawl it without a 10% penalty plus ordinary income taxes (probably around 28%). My opinion....you would be beter off rolling that money over into an IRA and just save for a while to raise money for home improvement projects.
872943
The only thing you can deduct from your tax is probably your mortgage interest. Individual items in the closing statement may be deductible when you sell the house.
164153
If you were penalized for taking a CD out early, yes.  You can deduct that penalty on your 1040.
350612
The interest that you pay on your mortgage is tax deductible.  I would pay the mortgage off last.  If you have any credit card debt pay that off first.  Then if you are not maxing out retirement savings, put the $50 a month into a Roth IRA for yourself.  If you still have some extra money than dump it into a 529 ( http://www.529s.com )
1186545
Depends upon whether the property is  personal use 14 days a year or more or personal use is 10% or more of the total days rented to others at a fair market value rental.  If either of the above apply, then the normal deductions on Schedule E of Form 1040 will have to be scaled back based on the personal use.  Note that occupancy of the unit while you are repairing or fixing it does not count as personal use, also the 10% rule applies to the time that one can normally rent out the unit, so personal use of a Vail condo in the summer is not a problem, skiing is not popular then.\n\nHaving gotten past the personal use problem, all expenditures on rental property are either deductible in the year paid or depreciable or amortizable over a period of years (I am assuming you a not an accrual basis taxpayer, you will know if you are).  This is in contrast to strictly personal ownership, when only taxes and interest are deductible, and then only if you itemize on Schedule A.\n\nThe rules go strictly downhill from here in terms of understandability to an ordinary mortal, so I will stop here for now.
511394
only if you are below the tax free threshold of $6001 or have deductions that will take it below that. (thats why you pay tax during the year so the tax dept. dont hit you with the bill at the end)
304577
It's difficult to do this.  You'll need to inform your employees well in advance (they don't have a say, but there are rules on informing them).  Also, you'll probably need to make changes to the way you deduct money from EE's checks (401k, Medical, etc).  Those are the big things to watch out for.  If you really want to do it right, see if you can spring for a trip to the APA's workshop in May ;)\n\nhttp://www.americanpayroll.org/congress24/24line07.html\nhttp://www.americanpayroll.org/congress24/24w-payroll.html#22
320199
You can not conceal the income because its recorded in Bank. The best way is the investment in certain specified things to take the deduction.\n\n     Avoiding tax by legal means should be though and not avoiding by all means which will put you more in problem because there is both penalty and prosecution mechanism under I T Act.
884689
http://www.irs.gov/taxtopics/tc557.html\n\nCheck out that link. Basically, it states that if you set it up as "made as part of a series of substantially equal periodic payments over your life or life expectancy, " you can avoid the 10% tax penalty.\n\nI would speak with your financial advisor/tax accountant to discuss ways to set it up this way.