TAX SEASON APPRECIATION!!! What are you doing with your withheld money?

Can I deduct my metro card and cell phone bill from my taxes? Would they be considered a business expense or personal use? I spend so much money on those two things all year long because of work lol. I know it probably wouldn't be worth it but I was just wondering...
 
cubanref,
Here is a link where this was discussed, and the basic answer is that costs to get to and from work are not deductible.
http://answers.yahoo.com/...id=20090217080056AA3Cc5V
(However, if your job requires you use a vehicle, like if you used your truck to move lawn mowers from yard to yard, the portion of expenses that you used for business would be deductible. So if you "had" to ride the transit using a metro card as part of your job duties, like an independent consulting firm evaluating transportation efficiency or soemthing like that, then it would be. however, those types of benefits are usually provided by the employer, and as such, would not be deductible if your employer paid for it.)

It would really be a nightmare to prove the value of your metro card in regards to the percentage of business travel or personal travel that you used it for.


Similarly with your cell phone; if your own 'personal' phone line is required to do your job, and was not provided to you by your employer, the costs that you incur for your cell phone need to be separated between 'business' and personal. Your business expenses are deductible, but in the event of an audit, you would need some sort of log (showing date/time of call, recipient, and duration) to prove business purposes. Most tax professionals usually deduct a percentage of yearly cell phone expenses instead of the full thing. (because it's generally accepted that the phone is not used for business 100% of the time.)

 
cubanref,
Here is a link where this was discussed, and the basic answer is that costs to get to and from work are not deductible.
http://answers.yahoo.com/...id=20090217080056AA3Cc5V
(However, if your job requires you use a vehicle, like if you used your truck to move lawn mowers from yard to yard, the portion of expenses that you used for business would be deductible. So if you "had" to ride the transit using a metro card as part of your job duties, like an independent consulting firm evaluating transportation efficiency or soemthing like that, then it would be. however, those types of benefits are usually provided by the employer, and as such, would not be deductible if your employer paid for it.)

It would really be a nightmare to prove the value of your metro card in regards to the percentage of business travel or personal travel that you used it for.


Similarly with your cell phone; if your own 'personal' phone line is required to do your job, and was not provided to you by your employer, the costs that you incur for your cell phone need to be separated between 'business' and personal. Your business expenses are deductible, but in the event of an audit, you would need some sort of log (showing date/time of call, recipient, and duration) to prove business purposes. Most tax professionals usually deduct a percentage of yearly cell phone expenses instead of the full thing. (because it's generally accepted that the phone is not used for business 100% of the time.)

 
Filed my Federal taxes yesterday at 6:00pm, IRS Approved my return at 2:30 am (
eek.gif
), Money in my account on next Friday
pimp.gif
pimp.gif


Like i said before Turbo Tax is very appreciated, and since it was my second year in a row filing thru them all my info was imported from last year
that made everything so much quicker.

I'm prolly gonna flip this bread a couple of times and just throw it all back in my savings account
laugh.gif
glasses.gif
 
Filed my Federal taxes yesterday at 6:00pm, IRS Approved my return at 2:30 am (
eek.gif
), Money in my account on next Friday
pimp.gif
pimp.gif


Like i said before Turbo Tax is very appreciated, and since it was my second year in a row filing thru them all my info was imported from last year
that made everything so much quicker.

I'm prolly gonna flip this bread a couple of times and just throw it all back in my savings account
laugh.gif
glasses.gif
 
got my w2 today I'll probably file sometime next week, anyone know the return schedule for this year?
 
got my w2 today I'll probably file sometime next week, anyone know the return schedule for this year?
 
Originally Posted by tyisny

Goddamn that was quick lol... how does turbotax work?
Click to expand...

Yea it was def pretty quick, last year it took like 2-3 days for the IRS to approve my return.

[color= rgb(255, 255, 0)]But Turbo Tax is simple, they ask you any and every question to get you the most deductions.[/color]
[color= rgb(255, 255, 0)]just go to the website and choose the version that best fits your needs.[/color]

Originally Posted by solefood229

got my w2 today I'll probably file sometime next week, anyone know the return schedule for this year?
Click to expand...
[table][tr][td][table][tr][th=""]
Transmitted and Accepted by IRS between
[/th] [th=""]
Direct Deposit Sent
[/th] [th=""]
Paper Check Mailed
[/th] [/tr][tr][td]Jan 14 and Jan 20, 2011 (by 11am)[/td] [td]Jan 28, 2011[/td] [td]Feb 4, 2011[/td] [/tr][tr][td]Jan 20 and Jan 27, 2011 (by 11am)[/td] [td]Feb 4, 2011[/td] [td]Feb 11, 2011[/td] [/tr][tr][td]Jan 27 and Feb 3, 2011 (by 11am)[/td] [td]Feb 11, 2011[/td] [td]Feb 18, 2011[/td] [/tr][tr][td]Feb 3 and Feb 10, 2011 (by 11am)[/td] [td]Feb 18, 2011[/td] [td]Feb 25, 2011[/td] [/tr][tr][td]Feb 10 and Feb 17, 2011 (by 11am)[/td] [td]Feb 25, 2011[/td] [td]Mar 4, 2011[/td] [/tr][tr][td]Feb 17 and Feb 24, 2011 (by 11am)[/td] [td]Mar 4, 2011[/td] [td]Mar 11, 2011[/td] [/tr][tr][td]Feb 24 and Mar 3, 2011 (by 11am)[/td] [td]Mar 11, 2011[/td] [td]Mar 18, 2011[/td] [/tr][tr][td]Mar 3 and Mar 10, 2011 (by 11am)[/td] [td]Mar 18, 2011[/td] [td]Mar 25, 2011[/td] [/tr][tr][td]Mar 10 and Mar 17, 2011 (by 11am)[/td] [td]Mar 25, 2011[/td] [td]Apr 1, 2011[/td] [/tr][tr][td]Mar 17 and Mar 24, 2011 (by 11am)[/td] [td]Apr 1, 2011[/td] [td]Apr 8, 2011[/td] [/tr][tr][td]Mar 24 and Mar 31, 2011 (by 11am)[/td] [td]Apr 8, 2011[/td] [td]Apr 15, 2011[/td] [/tr][tr][td]Mar 31 and Apr 7, 2011 (by 11am)[/td] [td]Apr 15, 2011[/td] [td]Apr 22, 2011[/td] [/tr][tr][td]Apr 7 and Apr 14, 2011 (by 11am)[/td] [td]Apr 22, 2011[/td] [td]Apr 29, 2011[/td] [/tr][tr][td]Apr 14 and Apr 21, 2011 (by 11am)[/td] [td]Apr 29, 2011[/td] [td]May 6, 2011[/td] [/tr][tr][td]Apr 21 and Apr 28, 2011 (by 11am)[/td] [td]May 6, 2011[/td] [td]May 13, 2011[/td] [/tr][tr][td]Apr 28 and May 5, 2011 (by 11am)[/td] [td]May 13, 2011[/td] [td]May 20, 2011[/td] [/tr][tr][td]May 5 and May 12, 2011 (by 11am)[/td] [td]May 20, 2011[/td] [td]May 27, 2011[/td] [/tr][tr][td]May 12 and May 19, 2011 (by 11am)[/td] [td]May 27, 2011[/td] [td]May 27, 2011[/td] [/tr][tr][td]May 19 and May 26, 2011 (by 11am)[/td] [td]Jun 3, 2011[/td] [td]Jun 10, 2011[/td] [/tr][tr][td]May 26 and Jun 2, 2011 (by 11am)[/td] [td]Jun 10, 2011[/td] [td]Jun 17, 2011[/td] [/tr][tr][td]Jun 2 and Jun 9, 2011 (by 11am)[/td] [td]Jun 17, 2011[/td] [td]Jun 24, 2011[/td] [/tr][tr][td]Jun 9 and Jun 16, 2011 (by 11am)[/td] [td]Jun 24, 2011[/td] [td]Jul 1, 2011[/td] [/tr][tr][td]Jun 16 and Jun 23, 2011 (by 11am)[/td] [td]Jul 1, 2011[/td] [td]Jul 8, 2011[/td] [/tr][tr][td]Jun 23 and Jun 30, 2011 (by 11am)[/td] [td]Jul 8, 2011[/td] [td]Jul 15, 2011[/td] [/tr][tr][td]Jun 30 and Jul 7, 2011 (by 11am)[/td] [td]Jul 15, 2011[/td] [td]Jul 22, 2011[/td] [/tr][tr][td]Jul 7 and Jul 14, 2011 (by 11am)[/td] [td]Jul 22, 2011[/td] [td]Jul 29, 2011[/td] [/tr][tr][td]Jul 14 and Jul 21, 2011 (by 11am)[/td] [td]Jul 29, 2011[/td] [td]Aug 5, 2011[/td] [/tr][tr][td]Jul 21 and Jul 28, 2011 (by 11am)[/td] [td]Aug 5, 2011[/td] [td]Aug 12, 2011[/td] [/tr][tr][td]Jul 28 and Aug 4, 2011 (by 11am)[/td] [td]Aug 12, 2011[/td] [td]Aug 19, 2011[/td] [/tr][tr][td]Aug 4 and Aug 11, 2011 (by 11am)[/td] [td]Aug 19, 2011[/td] [td]Aug 26, 2011[/td] [/tr][tr][td]Aug 11 and Aug 18, 2011 (by 11am)[/td] [td]Aug 26, 2011[/td] [td]Sep 2, 2011[/td] [/tr][tr][td]Aug 18 and Aug 25, 2011 (by 11am)[/td] [td]Sep 2, 2011[/td] [td]Sep 9, 2011[/td] [/tr][tr][td]Aug 25 and Sep 1, 2011 (by 11am)[/td] [td]Sep 9, 2011[/td] [td]Sep 16, 2011[/td] [/tr][tr][td]Sep 1 and Sep 8, 2011 (by 11am)[/td] [td]Sep 16, 2011[/td] [td]Sep 23, 2011[/td] [/tr][tr][td]Sep 8 and Sep 15, 2011 (by 11am)[/td] [td]Sep 23, 2011[/td] [td]Sep 30, 2011[/td] [/tr][tr][td]Sep 15 and Sep 22, 2011 (by 11am)[/td] [td]Sep 30, 2011[/td] [td]Oct 7, 2011[/td] [/tr][tr][td]Sep 22 and Sep 29, 2011 (by 11am)[/td] [td]Oct 7, 2011[/td] [td]Oct 14, 2011[/td] [/tr][tr][td]Sep 29 and Oct 6, 2011 (by 11am)[/td] [td]Oct 14, 2011[/td] [td]Oct 21, 2011[/td] [/tr][tr][td]Oct 6 and Oct 13, 2011 (by 11am)[/td] [td]Oct 21, 2011[/td] [td]Oct 28, 2011[/td] [/tr][tr][td]Oct 13 and Oct 20, 2011 (by 11am)[/td] [td]Oct 28, 2011[/td] [td]Nov 4, 2011[/td][/tr][/table][/td] [td]
[/td] [td]
[/td] [/tr][tr][td]
[/td][/tr][/table]
 
Originally Posted by tyisny

Goddamn that was quick lol... how does turbotax work?
Click to expand...

Yea it was def pretty quick, last year it took like 2-3 days for the IRS to approve my return.

[color= rgb(255, 255, 0)]But Turbo Tax is simple, they ask you any and every question to get you the most deductions.[/color]
[color= rgb(255, 255, 0)]just go to the website and choose the version that best fits your needs.[/color]

Originally Posted by solefood229

got my w2 today I'll probably file sometime next week, anyone know the return schedule for this year?
Click to expand...
[table][tr][td][table][tr][th=""]
Transmitted and Accepted by IRS between
[/th] [th=""]
Direct Deposit Sent
[/th] [th=""]
Paper Check Mailed
[/th] [/tr][tr][td]Jan 14 and Jan 20, 2011 (by 11am)[/td] [td]Jan 28, 2011[/td] [td]Feb 4, 2011[/td] [/tr][tr][td]Jan 20 and Jan 27, 2011 (by 11am)[/td] [td]Feb 4, 2011[/td] [td]Feb 11, 2011[/td] [/tr][tr][td]Jan 27 and Feb 3, 2011 (by 11am)[/td] [td]Feb 11, 2011[/td] [td]Feb 18, 2011[/td] [/tr][tr][td]Feb 3 and Feb 10, 2011 (by 11am)[/td] [td]Feb 18, 2011[/td] [td]Feb 25, 2011[/td] [/tr][tr][td]Feb 10 and Feb 17, 2011 (by 11am)[/td] [td]Feb 25, 2011[/td] [td]Mar 4, 2011[/td] [/tr][tr][td]Feb 17 and Feb 24, 2011 (by 11am)[/td] [td]Mar 4, 2011[/td] [td]Mar 11, 2011[/td] [/tr][tr][td]Feb 24 and Mar 3, 2011 (by 11am)[/td] [td]Mar 11, 2011[/td] [td]Mar 18, 2011[/td] [/tr][tr][td]Mar 3 and Mar 10, 2011 (by 11am)[/td] [td]Mar 18, 2011[/td] [td]Mar 25, 2011[/td] [/tr][tr][td]Mar 10 and Mar 17, 2011 (by 11am)[/td] [td]Mar 25, 2011[/td] [td]Apr 1, 2011[/td] [/tr][tr][td]Mar 17 and Mar 24, 2011 (by 11am)[/td] [td]Apr 1, 2011[/td] [td]Apr 8, 2011[/td] [/tr][tr][td]Mar 24 and Mar 31, 2011 (by 11am)[/td] [td]Apr 8, 2011[/td] [td]Apr 15, 2011[/td] [/tr][tr][td]Mar 31 and Apr 7, 2011 (by 11am)[/td] [td]Apr 15, 2011[/td] [td]Apr 22, 2011[/td] [/tr][tr][td]Apr 7 and Apr 14, 2011 (by 11am)[/td] [td]Apr 22, 2011[/td] [td]Apr 29, 2011[/td] [/tr][tr][td]Apr 14 and Apr 21, 2011 (by 11am)[/td] [td]Apr 29, 2011[/td] [td]May 6, 2011[/td] [/tr][tr][td]Apr 21 and Apr 28, 2011 (by 11am)[/td] [td]May 6, 2011[/td] [td]May 13, 2011[/td] [/tr][tr][td]Apr 28 and May 5, 2011 (by 11am)[/td] [td]May 13, 2011[/td] [td]May 20, 2011[/td] [/tr][tr][td]May 5 and May 12, 2011 (by 11am)[/td] [td]May 20, 2011[/td] [td]May 27, 2011[/td] [/tr][tr][td]May 12 and May 19, 2011 (by 11am)[/td] [td]May 27, 2011[/td] [td]May 27, 2011[/td] [/tr][tr][td]May 19 and May 26, 2011 (by 11am)[/td] [td]Jun 3, 2011[/td] [td]Jun 10, 2011[/td] [/tr][tr][td]May 26 and Jun 2, 2011 (by 11am)[/td] [td]Jun 10, 2011[/td] [td]Jun 17, 2011[/td] [/tr][tr][td]Jun 2 and Jun 9, 2011 (by 11am)[/td] [td]Jun 17, 2011[/td] [td]Jun 24, 2011[/td] [/tr][tr][td]Jun 9 and Jun 16, 2011 (by 11am)[/td] [td]Jun 24, 2011[/td] [td]Jul 1, 2011[/td] [/tr][tr][td]Jun 16 and Jun 23, 2011 (by 11am)[/td] [td]Jul 1, 2011[/td] [td]Jul 8, 2011[/td] [/tr][tr][td]Jun 23 and Jun 30, 2011 (by 11am)[/td] [td]Jul 8, 2011[/td] [td]Jul 15, 2011[/td] [/tr][tr][td]Jun 30 and Jul 7, 2011 (by 11am)[/td] [td]Jul 15, 2011[/td] [td]Jul 22, 2011[/td] [/tr][tr][td]Jul 7 and Jul 14, 2011 (by 11am)[/td] [td]Jul 22, 2011[/td] [td]Jul 29, 2011[/td] [/tr][tr][td]Jul 14 and Jul 21, 2011 (by 11am)[/td] [td]Jul 29, 2011[/td] [td]Aug 5, 2011[/td] [/tr][tr][td]Jul 21 and Jul 28, 2011 (by 11am)[/td] [td]Aug 5, 2011[/td] [td]Aug 12, 2011[/td] [/tr][tr][td]Jul 28 and Aug 4, 2011 (by 11am)[/td] [td]Aug 12, 2011[/td] [td]Aug 19, 2011[/td] [/tr][tr][td]Aug 4 and Aug 11, 2011 (by 11am)[/td] [td]Aug 19, 2011[/td] [td]Aug 26, 2011[/td] [/tr][tr][td]Aug 11 and Aug 18, 2011 (by 11am)[/td] [td]Aug 26, 2011[/td] [td]Sep 2, 2011[/td] [/tr][tr][td]Aug 18 and Aug 25, 2011 (by 11am)[/td] [td]Sep 2, 2011[/td] [td]Sep 9, 2011[/td] [/tr][tr][td]Aug 25 and Sep 1, 2011 (by 11am)[/td] [td]Sep 9, 2011[/td] [td]Sep 16, 2011[/td] [/tr][tr][td]Sep 1 and Sep 8, 2011 (by 11am)[/td] [td]Sep 16, 2011[/td] [td]Sep 23, 2011[/td] [/tr][tr][td]Sep 8 and Sep 15, 2011 (by 11am)[/td] [td]Sep 23, 2011[/td] [td]Sep 30, 2011[/td] [/tr][tr][td]Sep 15 and Sep 22, 2011 (by 11am)[/td] [td]Sep 30, 2011[/td] [td]Oct 7, 2011[/td] [/tr][tr][td]Sep 22 and Sep 29, 2011 (by 11am)[/td] [td]Oct 7, 2011[/td] [td]Oct 14, 2011[/td] [/tr][tr][td]Sep 29 and Oct 6, 2011 (by 11am)[/td] [td]Oct 14, 2011[/td] [td]Oct 21, 2011[/td] [/tr][tr][td]Oct 6 and Oct 13, 2011 (by 11am)[/td] [td]Oct 21, 2011[/td] [td]Oct 28, 2011[/td] [/tr][tr][td]Oct 13 and Oct 20, 2011 (by 11am)[/td] [td]Oct 28, 2011[/td] [td]Nov 4, 2011[/td][/tr][/table][/td] [td]
[/td] [td]
[/td] [/tr][tr][td]
[/td][/tr][/table]
 
I was working 2 jobs and claimed about $1150 from unemployment and im only getting $90 federal and owe the state $550.

I put single on all 1040's I filled out so they could take the most out so at least I wouldnt owe them anything at the end of the year.

How the hell do I owe them money ???
 
I was working 2 jobs and claimed about $1150 from unemployment and im only getting $90 federal and owe the state $550.

I put single on all 1040's I filled out so they could take the most out so at least I wouldnt owe them anything at the end of the year.

How the hell do I owe them money ???
 
Just sent mines via efile hru turbotax. Got email saying the fed aren't processing until feb 14. New York accept mine already though.
 
Just sent mines via efile hru turbotax. Got email saying the fed aren't processing until feb 14. New York accept mine already though.
 
Originally Posted by Hoosier Bad Boy 11

should i do itemized deductions , it looks like it's gonna take a while
Click to expand...

I would like to know too, since you gotta wait till mid to late February to file itemized deductions...
 
Originally Posted by Hoosier Bad Boy 11

should i do itemized deductions , it looks like it's gonna take a while
Click to expand...

I would like to know too, since you gotta wait till mid to late February to file itemized deductions...
 
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