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Saturday, June 19, 2010

Child credirt?

i need to know what can can i claim on my taxes since i have a daughter, i know about the child care credit so i got 1000 for that i want to know what else can i claim , what about medical bills, or her expenses etc thankssssssssssssss



Child credirt?

If you itemize, you can take as a deduction any medical expenses that exceed 7.5% of your income. In order for itemizing to pay off for you, you%26#039;d have to have more allowable deductions than the standard deduction for your filing status ($5150 single, $7550 head of household, $10300 married filing joint).



Child care expenses for her so you can work can also give you a partial credit for the expenses.



Child credirt?

If you get a tax form, it has all the area that you can deduct. The tax guide book explains how much you can deduct and has the tax tables. You really should use a tax service.

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