Who knows a lot about TAX
13-Feb-2007, 09:17 AM
#21
Registered User
Join Date: Jul 2005
Posts: 107
Depends on by whom - the government or by a company you pay to do it.
Full audits are usually done by companies every 5 years, while Year-End are annually. Full audits are basically crossing the T's and dotting the I's, but can be messy because you require 5 year's worth of info, versus 1 year's.
Full audits are usually done by companies every 5 years, while Year-End are annually. Full audits are basically crossing the T's and dotting the I's, but can be messy because you require 5 year's worth of info, versus 1 year's.
13-Feb-2007, 09:26 AM
#24
Senior Member
Join Date: Jan 2003
Location: Your sisters bedroom
Posts: 30,142
I dont have any **** that is over 1 year old. Its all gone.
Doh.
Is it possible to put my school books through taxes yet? Get a return off them? Last year I was told it may be available this year? True?
Doh.
Is it possible to put my school books through taxes yet? Get a return off them? Last year I was told it may be available this year? True?
13-Feb-2007, 09:30 AM
#25
Registered User
Join Date: Jul 2005
Posts: 107
You would have to look it up, it should be in the tax package that they sent you.
Just do your taxes normally, have receipts that are needed and you'll be fine. Go over everything, don't push big numbers and exaggerate, and you'll get a decent sized return.
It's all about having receipts. Worse comes to worse, you give them the receipts, and they disallow a part of the return, no biggy. But if you get caught without receipts, that's when they bust your cajones, capiche?
Just do your taxes normally, have receipts that are needed and you'll be fine. Go over everything, don't push big numbers and exaggerate, and you'll get a decent sized return.
It's all about having receipts. Worse comes to worse, you give them the receipts, and they disallow a part of the return, no biggy. But if you get caught without receipts, that's when they bust your cajones, capiche?
13-Feb-2007, 09:37 AM
#26
Luka
Thread Starter
Join Date: Aug 2003
Posts: 14,319
Originally posted by TuttiGirl
If you want the most money back on your return, rent a room in your place.. you can write off alot!!! any reno's you do, a percentage of your bills, and you get most of it back at tax time
If you want the most money back on your return, rent a room in your place.. you can write off alot!!! any reno's you do, a percentage of your bills, and you get most of it back at tax time
13-Feb-2007, 09:39 AM
#27
Senior Member
Join Date: Jan 2003
Location: Your sisters bedroom
Posts: 30,142
Originally posted by durell_banks
You would have to look it up, it should be in the tax package that they sent you.
Just do your taxes normally, have receipts that are needed and you'll be fine. Go over everything, don't push big numbers and exaggerate, and you'll get a decent sized return.
It's all about having receipts. Worse comes to worse, you give them the receipts, and they disallow a part of the return, no biggy. But if you get caught without receipts, that's when they bust your cajones, capiche?
You would have to look it up, it should be in the tax package that they sent you.
Just do your taxes normally, have receipts that are needed and you'll be fine. Go over everything, don't push big numbers and exaggerate, and you'll get a decent sized return.
It's all about having receipts. Worse comes to worse, you give them the receipts, and they disallow a part of the return, no biggy. But if you get caught without receipts, that's when they bust your cajones, capiche?
I usually go to H&R Block
I find that is the only way I can see what the return I will be getting right away.
13-Feb-2007, 09:51 AM
#30
Registered User
Join Date: Jul 2005
Posts: 107
Dude, just do it yourself, save the money, it only takes an hour or so, tops, depending, of course, on how much stuff you have to claim. I did my gf's last year, took me 25 minutes, easy peasy, and she was just finished university.
13-Feb-2007, 10:09 AM
#35
Senior Member
Join Date: Aug 2002
Location: Mississauga
Posts: 13,184
quicktax??
i do my own too, and my mom does a bunch of my friends for like $20... i couldnt' be bothered to do other peoples taxes...
unless you have a house or something serious taxes are real easy to do...
don't forget that interest paid on certain types of loans is deductible!!
i do my own too, and my mom does a bunch of my friends for like $20... i couldnt' be bothered to do other peoples taxes...
unless you have a house or something serious taxes are real easy to do...
don't forget that interest paid on certain types of loans is deductible!!
QuickTax is one program, Quicken is another... Dude, seriously, save money, you do it by hand, with a calculator, and you'll find out how much you'll get back
13-Feb-2007, 10:15 AM
#37
Senior Member
Join Date: Aug 2002
Location: Mississauga
Posts: 13,184
yeah.... you can def do it by hand...
i just use the program cuz my mom buys it... w00t! ...
i wouldn't pay the money for buying the program unless i was going to do some peoples and make some cash on the side otherwise...
i just use the program cuz my mom buys it... w00t! ...
i wouldn't pay the money for buying the program unless i was going to do some peoples and make some cash on the side otherwise...
