- You win $100 in the office pool and you don't claim your winnings when file your tax return.
- Your friend gives you season tickets to a local theater in exchange you give her your vintage 8-track collection. You don't claim the $500 the tickets would have cost.
- You hire a college student to watch your children during the summer while you work. You paid her a total of $2,000. You don't pay Social Security or Medicare taxes.
- I work for XYZ company and one day a week my employer allows me to work out of my home office. I used that home office exclusively for that purpose. I declare that as a deduction.
- You run a Day Care business out of your home primarily in the family room. You claim the family room as part of the home office deduction.
Showing posts with label Day care. Show all posts
Showing posts with label Day care. Show all posts
Sunday, December 19, 2010
Are you a tax cheat?
Take the quiz to find out if you are a cheat or not. Video courtesy of the CBS morning show.
Labels:
Day care,
Gambling,
Home office,
Household Employee,
Income,
Medicare,
Social Security,
Video
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