Tax Incentive Question

[rgramjet]

Tax Credits.  Right off the top! 

[angler]

Shouldn't the person you're paying $250 know this?

Replaced my furnace in 2010 so I'll get the rebate next year.  My accountant just said he'll take care of it....

The IRS site is pretty good for finding info.


mitt

Make sure to surf that site from an IP address that cannot be tracked back to you.  Also wear your tinfoil hat.  It would probably be a good idea to wear tinfoil underpants, too.   

[cyrus buelton]

Replaced my furnace in 2010 so I'll get the rebate next year.  My accountant just said he'll take care of it....

You pretty much just need to fill out a form of what you bought.

Just keep receipts and backup in case  you get audited.

[angler]

You pretty much just need to fill out a form of what you bought.

Just keep receipts and backup in case  you get audited.

I was responding to the post I quoted - I know what to do, just hand it to my tax man.  I have every single receipt for every expenditure I've put into my house, all totaled in a pretty little spreadsheet.  When you do all your own work, that's how you establish your basis when you go to sell it.  Also, since I run a business out of my house, large changes in my basis change how much deduction I can take for the office space.  That is why he makes the big bucks.  He is also very conservative, which I appreciate.  I don't like paying the man, but I like being audited less.......

[cyrus buelton]

I was responding to the post I quoted - I know what to do, just hand it to my tax man.  I have every single receipt for every expenditure I've put into my house, all totaled in a pretty little spreadsheet.  When you do all your own work, that's how you establish your basis when you go to sell it.  Also, since I run a business out of my house, large changes in my basis change how much deduction I can take for the office space.  That is why he makes the big bucks.  He is also very conservative, which I appreciate.  I don't like paying the man, but I like being audited less.......

Isn't that what most do?

[angler]

Isn't that what most do?

Which part is what most do?  Keep receipts? Keep a spreadsheet?  Use an accountant?  Hate paying taxes? Work from home?  Take a home office deduction?  I'm confused.

I'm going to stop now.  I'm pretty sure we are saying the same thing.....

[rgramjet]

What he said!

[Randimus Maximus]

You pretty much just need to fill out a form of what you bought.

Just keep receipts and backup in case  you get audited.

Doesn't this, in essence, answer the question you posed when you started this thread?

[cyrus buelton]

Doesn't this, in essence, answer the question you posed when you started this thread?

It just seems too simple to me......................

Maybe it's because how my mind works or what I do for a living, but just filling out some BS piece of paper saying I spent $xxxx.xx on windows and want 30% back of that is way too easy.

You could easily bullshit that paper, get the refund, never get audited, and live on with your life.


Just seems way too easy. that's all.

[derby]

It just seems too simple to me......................

Maybe it's because how my mind works or what I do for a living, but just filling out some BS piece of paper saying I spent $xxxx.xx on windows and want 30% back of that is way too easy.

You could easily bullshit that paper, get the refund, never get audited, and live on with your life.


Just seems way too easy. that's all.

go back a year and read about all the home-buyer incentive fraud. that's exactly what people do. some get caught, some don't.