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View Full Version : so how exactly do you write off things


darthvibrator
04-05-2009, 09:40 PM
on taxes?

i got a boat load of receipts (well sort of) for different tools and shit for work that i bought. now, i can do the turbo tax shit pretty easy as that seems very straight forward (or at least it was last year when i did it), but i dont remember if they have a section for tax write offs.

so here are my questions

1) will the online turbo tax let me use my receipts or do i have to have someone do it locally?

2) is there a special form for tax write offs?

3) is it just a plug the numbers in kind of deal?

im clueless here. before this, i paid a bitch to due my taxes (but i had no writes off), after that i decided to try turbo tax (easy!), and now i got shit that i can actually write off, so this is why im wondering.

any help, or suggestions, or even websites that have info on how to do this?

tEh koRnDog
04-05-2009, 09:42 PM
Do you even know what a write-off is?

bluecar
04-05-2009, 10:04 PM
You use the form when you itemize.

I suggest you go through a CPA to know what you can and cannot itemize. Oftentimes the standard deduction is greater than allowable itemized deductions.

darthvibrator
04-05-2009, 10:04 PM
i know that my tools for work are a write off. which is why im asking.

darthvibrator
04-05-2009, 10:06 PM
You use the form when you itemize.

I suggest you go through a CPA to know what you can and cannot itemize. Oftentimes the standard deduction is greater than allowable itemized deductions.
hmm, ok i can already see that this is going to be more difficult than i thought and id probably need to do too much reading to actually have a chance at doing this right.

i guess ill just pony up the money.

bluecar
04-05-2009, 10:10 PM
i know that my tools for work are a write off. which is why im asking.

Did you purchase $5000 worth of tools? Even with itemizing, there are limits. I am no CPA, so my working knowledge is limited.

Don't go to H&R block...I'd opt to go to a real tax person. They charge about the same.

darthvibrator
04-05-2009, 10:13 PM
Did you purchase $5000 worth of tools? Even with itemizing, there are limits. I am no CPA, so my working knowledge is limited.

Don't go to H&R block...I'd opt to go to a real tax person. They charge about the same.

not quite 5k. i think im in the range of 3-4. i did purchase a toolbox for like 2g's, but i dont think a toolbox can be written off since its not really a necessary tool, no? i mean i gotta have one to put my tools in, but i dont know.

darthvibrator
04-05-2009, 10:14 PM
btw, how exactly do i go about finding a "tax person"? is there like a registry type shit where i can find ones that are authorized or trained or some shit in my local area?

pl8er
04-05-2009, 10:15 PM
Find a CPA

Roadtrippin'
04-05-2009, 10:16 PM
Freaking big companies, they write shit off all the time -- and I do mean all the time. It's crazy I tell yah.

darthvibrator
04-05-2009, 10:17 PM
Find a CPA

tell me how you found one...

Roadtrippin'
04-05-2009, 10:18 PM
Yo man, let ya fingers do the walking.

tapout
04-05-2009, 10:19 PM
Yo man, let ya fingers do the walking.

this, under Accountant. Make sure they are Certified. And work with the Public.

bluecar
04-05-2009, 10:19 PM
tell me how you found one...

The yellow pages, internet?

Most people use H&R block and stuff. You need to find a friend, family member, or someone who is self-employed. They typically use CPAs to help with their tax situation.

pl8er
04-05-2009, 10:20 PM
For me I would just go www.google.com and put in CPA and your zipcode

pl8er
04-05-2009, 10:21 PM
*laugh* that looked really assholish, but honestly I was just giving you a link so you didn't have to type much.

tEh koRnDog
04-05-2009, 10:23 PM
i know that my tools for work are a write off. which is why im asking.

I wasnt literally asking...


Its from Seinfeld.

darthvibrator
04-05-2009, 10:48 PM
this, under Accountant. Make sure they are Certified. And work with the Public.

i know what a cpa is, i looked it up on google. i just wasnt sure if there is a to find a reputable one like from some kind of database or some shit.

bluecar: my mother was self employed. she now owes 24k to the irs. i dont think its a good idea to ask her...

pl8er: no offense taken, that was the route i was going to take, i was just hoping someone might have some info off the top of their heads. kind of like a database or someshit of certified or licensed or whatever, cpas locally. but alas, seems like i gotta find one and hope he/she is any good.

korndog: havent seen that episode, and even if i had, i probably wouldnt have caught the joke.

funkyab
04-06-2009, 01:40 AM
call your attorney if you have one and ask who they reccommend. Otherwise use the yellow pages and google the CPAs and see what kind of POS or NEG feedback they have. Stay the FUCK away from H&R Block. I was there last year to file for my grandparents. All i needed was for them to sirt out their Dual Residency situation. After I howed that I clearly knew more than the rep.. she joked and said... you want a part time job here??

I walked the fuck out and told them if they wanted any payment for their substandard service they would have to sue us..

Never heard back.

Toasted1
04-06-2009, 03:52 AM
You are better off going to a CPA or at least talking to one on the phone and getting some feedback on a few questions you have.

Spider Monkey
04-06-2009, 11:09 AM
I send my receipts to my CPA. Works out really well every single year.

darthvibrator
04-06-2009, 10:24 PM
i actually took your guys' advice and looked up some cpa's in the area. i will give them a call asap. thanks.

edit: may i be a jew and ask how much you guys pay to have your taxes and shit done by a cpa?

Spider Monkey
04-07-2009, 11:05 AM
i actually took your guys' advice and looked up some cpa's in the area. i will give them a call asap. thanks.

edit: may i be a jew and ask how much you guys pay to have your taxes and shit done by a cpa?

When I was single and renting it was $75. When I was married and renting it was $100, and when I was married and owning it was $125. I expect a discount next year.

Keep in mind that you live in North Mexico, so you should probably add a zero to which ever total applies to you.

IamDeMan
04-07-2009, 11:33 AM
When I was single and renting it was $75. When I was married and renting it was $100, and when I was married and owning it was $125. I expect a discount next year.

Keep in mind that you live in North Mexico, so you should probably add a zero to which ever total applies to you.

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