Comments on: This Year’s Tax Code Changes http://www.thejobbored.com/this-years-tax-code-changes_453/ Getting Things Done, Getting Ahead, Getting Through The Day Tue, 09 Mar 2010 21:42:27 -0800 http://wordpress.org/?v=2.8.4 hourly 1 By: Death and Taxes http://www.thejobbored.com/this-years-tax-code-changes_453/comment-page-1/#comment-558 Death and Taxes Tue, 26 Feb 2008 02:03:06 +0000 http://www.thejobbored.com/this-years-tax-code-changes_453/#comment-558 [...] According to The Job Bored, quite a few students and teachers will be impacted by tax breaks that disappear this year. [...] [...] According to The Job Bored, quite a few students and teachers will be impacted by tax breaks that disappear this year. [...]

]]> By: Acid Test » Cut by taxes http://www.thejobbored.com/this-years-tax-code-changes_453/comment-page-1/#comment-556 Acid Test » Cut by taxes Mon, 25 Feb 2008 15:16:52 +0000 http://www.thejobbored.com/this-years-tax-code-changes_453/#comment-556 [...] In spring, an old coot’s fancy turns to taxes, so I’ve started looking around for information. And the first thing that clobbers me over the skull is this: [...] [...] In spring, an old coot’s fancy turns to taxes, so I’ve started looking around for information. And the first thing that clobbers me over the skull is this: [...]

]]> By: Argonian http://www.thejobbored.com/this-years-tax-code-changes_453/comment-page-1/#comment-546 Argonian Fri, 22 Feb 2008 01:36:08 +0000 http://www.thejobbored.com/this-years-tax-code-changes_453/#comment-546 While the tuition and fees deduction may be going away, for a lot of people in school and their parents it won't matter. While I don't have the data in front of me, I think most people use the hope credit for the first two years, and the lifetime learning credit for the rest of their time in school. This was true of my parents when I was their dependent, and for my wife and I now that I am in grad school. I will say that the teacher expense deduction will be missed in my household though. I hate that my wife had to buy all this stuff for students who either can't afford the materials (shouldn't we as society be able to shoulder that?) and those that are too lazy to buy them (shouldn't their parents take some responsibility?). While the tuition and fees deduction may be going away, for a lot of people in school and their parents it won’t matter. While I don’t have the data in front of me, I think most people use the hope credit for the first two years, and the lifetime learning credit for the rest of their time in school. This was true of my parents when I was their dependent, and for my wife and I now that I am in grad school.

I will say that the teacher expense deduction will be missed in my household though. I hate that my wife had to buy all this stuff for students who either can’t afford the materials (shouldn’t we as society be able to shoulder that?) and those that are too lazy to buy them (shouldn’t their parents take some responsibility?).

]]> By: Woody http://www.thejobbored.com/this-years-tax-code-changes_453/comment-page-1/#comment-545 Woody Thu, 21 Feb 2008 21:28:04 +0000 http://www.thejobbored.com/this-years-tax-code-changes_453/#comment-545 Nice summary. Sucks they're dropping some good benefits, especially the one for teachers. As for the Charitable receipts issue, the IRS has required that you had them for some time. You generally didn't have to furnish copies though unless they audited you. I always make donations by check just to be safe, and get written confirmation for donated time when I do professional work for a charity. Nice summary. Sucks they’re dropping some good benefits, especially the one for teachers.

As for the Charitable receipts issue, the IRS has required that you had them for some time. You generally didn’t have to furnish copies though unless they audited you. I always make donations by check just to be safe, and get written confirmation for donated time when I do professional work for a charity.

]]> By: little bites of fusion » Blog Archive » This Filing Season’s Changes Explained [Taxes] http://www.thejobbored.com/this-years-tax-code-changes_453/comment-page-1/#comment-544 little bites of fusion » Blog Archive » This Filing Season’s Changes Explained [Taxes] Thu, 21 Feb 2008 17:51:17 +0000 http://www.thejobbored.com/this-years-tax-code-changes_453/#comment-544 [...] the link below (or the LAT article above) for more tips on tax changes. This Year’s Tax Code Changes [...] [...] the link below (or the LAT article above) for more tips on tax changes. This Year’s Tax Code Changes [...]

]]> By: This Filing Season’s Changes Explained [Taxes] · TechBlogger http://www.thejobbored.com/this-years-tax-code-changes_453/comment-page-1/#comment-543 This Filing Season’s Changes Explained [Taxes] · TechBlogger Thu, 21 Feb 2008 17:48:25 +0000 http://www.thejobbored.com/this-years-tax-code-changes_453/#comment-543 [...] the link below (or the LAT article above) for more tips on tax changes. This Year’s Tax Code Changes [...] [...] the link below (or the LAT article above) for more tips on tax changes. This Year’s Tax Code Changes [...]

]]>