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How much is your tax return this year?

digimon7068 said:
do you have a lot of out-of-pocket medical expenses? do you itemize deductions?? if so, you may be able to get a lot more use from your medical expense deductions (because they are subject to 7.5% of your adjusted gross income) by you and your spouse filing as "married filing separate". . .my wife and i had some big out of pocket med expenses a few years back (in vitro fertilization ain't covered by insurance) and by filing separate returns and putting almost all of the medical expenses on her return (her procedures were a lot more expensive than mine) we got back an extra $3,000 that year. . .the way that it works is this. . .since medical expenses are subject to 7.5% of your adjusted gross income, and 7.5% of $75,000 (for example is a hell of a lot less than 7.5% of $150,000) and if one person has a lot more medical expenses than the other, you can see how you would be able to get a lot more utility out of your money by putting it on one, "separate" return. . .rather than a "joint" return. . .



Very good. Thanks. We've been on a medical expenses adventure for the past few years and counting. lol

Nerd.



jk


n
 
gonelifting said:
Very good. Thanks. We've been on a medical expenses adventure for the past few years and counting. lol

Nerd.



jk


n

that's ok. . .don't let the wide, lumpy back fool you. . .i AM a nerd :)
 
Very little. I claim 10 enough to not get much back. why let the gov earn interest on it when you can yourself?

Whiskey
 
If you travel for work can you deduct things such as:
Airline tickets/costs if not reimbursed
Luggage/accessories etc needed for traveling etc?
 
for some unknown reason, i'm getting back around $8,000
 
stilleto said:
for some unknown reason, i'm getting back around $8,000

black out the names and addresses on your 1040 from 2005 and 2006, scan them into your computer and e-mail them to me. . .i'll tell you exactly why :)
 
digimon7068 said:
black out the names and addresses on your 1040 from 2005 and 2006, scan them into your computer and e-mail them to me. . .i'll tell you exactly why :)
i don't have a working scanner, but i'll take a look and see if i can copy it or take a pic for you.
my accountant is e-filing for me.
 
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