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| *Loan,banking and credit>>>income tax |
What are some exeptions I can put on my income taxes and not have to show proof? |
What are some exeptions I can put on my income taxes and not have to show proof? Exemptions refers to the $3,300 personal exemption for yourself, your spouse if filing jointly and each dependent. You need a SSN for every person claimed. Deductions are what you are looking for. There are none that don't require proof if you are audited. Unless you have more itemized deductions that the standard deduction ($5,150 for single), you are better off not itemizing. Tough to that these days, especially if you get audited. You could possibly put things you donated to charity in a box or something, which you couldn't possibily have a reciept for. But be careful, an abnormal number anywhere could have the government coming after you, and then you better have reciepts. Thats tax fraud. If you get caught you can get in big trouble. Its not worth the risk. It is illegal to cheat on your taxes, however there are some expenses you can claim that may get you more money back. medical (insurance payments, co-pays, Rx co-pays) work supplies (clothing, office supplies, etc.) fuel (best if you have a long commute or drive for work) You do not need to prove these things, but make sure it is a realistic number you come up with or you may raise some red flags and get audited. There are many things you can do to get some extra cash back. |
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