What are these tax deductions?

If I understand the Romney tax plan correctly, he suggests that his alleged $5b in tax cuts will be offset by caps on individual deductions. If you eliminated all personal deductions (mortgage interest, charitable giving, tuition, etc.) how much would...

My wife and I might itemize our tax deductions for 2012.  In the past we have always taken the standard deduction.  We will have a baby.  We might buy a home and a car.  What advice do you have for what records we should keep?  What other advice do you...

As a professional software developer who receives a W2 from my employer, I'm never sure what sort of tax deductions I can put on my taxes. Throughout the year I make purchases to enhance my skills as a developer, such as: technical/business books, new...

I need help with my Taxation Assignment and so far, I can't seem to find any answers on these following questions; - What is the purpose of filling in a personal income tax return? - What deductions are allowed in the personal tax return? And if you...

My husband is on salary every 2 weeks, it didn't change at all, but now he has an extra $200 income tax deducted each cheque. This started in June 2008. He has been fighting with the company since saying he is making less now than before and they say...

I'm working on my Missouri tax forms, and I have all the information filled in except lines 10 and 11 on form MO-1040A. Line 10 is supposed to be your adjusted gross income minus your total deductions, but my deductions total to $2000 more than my income...

i know if u have kids, thats 1 tax deduction. what else? only tax income. not business owners.

I work full-time, bought a vehicle last year, and paid on student loans. Will I be able to claim them on my tax returns? What kind of form will I need to give to my tax preparor? Is it worth using these deductions?

I dont want to file itemized deductions because I dont think I will get as much back,I need as much of a financial break as I can get on taxes, dont we all, and I just had my son December of 2006. Other than earned income tax credit and the child tax...