Any "Latest & Greatest" about Endeavor?
01-18-2017, 08:15 AM
Gets Weekends Off
Joined APC: Nov 2016
Posts: 2,558
I used it last year after not itemizing the prior 4 years. I forget how much it saved me but it was well worth the cost. Took a little bit to figure out how to use it with turbo tax but not terrible. I'm getting it again this year, fwiw.
01-18-2017, 08:19 AM
Gets Weekends Off
Joined APC: Aug 2012
Posts: 294
I use a guy who charged 30 bucks. Usually it adds up to 300-500 dollars in returns. If you don't meet the standard deduction then don't bother. I think you will though with a house. For example married filing jointly is $12,000. I deduct cell phone use 1,000, union dues 1500, mortgage interest 3500, per diem around 4,000, charitable donations 500, hotels purchased commuting 1200 ( or crashpad) home internet for bidding/ company email 400, luggage/ uniforms above reimbursed amount 250, deltanet fee 50, student loan interest if you have it. Also keep in mind that when you filled out your w4 your withholdings will play a factor in your return. I always claim 0 single to maximize my return. But that is giving uncle Sam an interest free loan every year. To each their own.
01-18-2017, 08:30 AM
Gets Weekends Off
Joined APC: Feb 2016
Posts: 2,559
You're walking a slippery slope with some of those deductions. But good luck with keeping as much of your money as possible!
Oh, and don't forget your home owner's insurance.
Oh, and don't forget your home owner's insurance.
I use a guy who charged 30 bucks. Usually it adds up to 300-500 dollars in returns. If you don't meet the standard deduction then don't bother. I think you will though with a house. For example married filing jointly is $12,000. I deduct cell phone use 1,000, union dues 1500, mortgage interest 3500, per diem around 4,000, charitable donations 500, hotels purchased commuting 1200 ( or crashpad) home internet for bidding/ company email 400, luggage/ uniforms above reimbursed amount 250, deltanet fee 50, student loan interest if you have it. Also keep in mind that when you filled out your w4 your withholdings will play a factor in your return. I always claim 0 single to maximize my return. But that is giving uncle Sam an interest free loan every year. To each their own.
01-18-2017, 09:28 AM
Gets Weekends Off
Joined APC: Aug 2012
Posts: 294
Homeowners insurance can only be deducted if you have a home business or you are renting out part of your property as a landlord. What deductions of mine do you consider slippery? My uncle is a CPA and has gone over it. Just curious?
Thread
Thread Starter
Forum
Replies
Last Post
