W2 Income Tax Deduction Codes

W2 Income Tax Deduction

On my w2. 12a code is marked W 1200.00. I am not sure this is correct.

I always thought the W is if the employer was contributing and the R was if the employee was contributing.

In my case I the employee contributed the whole 1200.00. I received my 1099-SA and in box 5 HSA is marked, but shouldn't MSA be marked. What is the difference between HSA and MSA.

So do you think my W2 is correct or do I have to get a corrected W2 the is marked with R in 12a.

Head of Household Income Tax Deduction

by Paulette Mcclellan
(Apache Junction, AZ)

Head of Household Income Tax Deduction

I retired in November of 2010.

My nephew lives with me and will claim head of household as his filing status for this tax year 2011 my question is can he also take the interest paid on my home if he is taking head of household?

I am on his form 1040 as a dependent and he has paid more than half of the upkeep on our house.

Personal Dependent Income Tax Deduction

by Deborah
(Massachusetts)

Dependent Income Tax Deduction

My 21 year old daughter lives at home and works part time.

Recently she began a certificate program at a local culinary school full time and will attend for the next 15 months.

Will I be able to claim her as a dependent and use her as a deduction on my 2011 taxes?

Day Care Income Tax Deduction

by Rachel Gothberg
(Grand Forks, N.D. USA)

Day Care Income Tax Deduction

My mother lives in our home and Provides daycare for our children and we also pay her.

How can we claim or use this as a deduction on our taxes?

Income Tax Alimony Deduction

by

Income Tax Alimony Deduction

How do I claim the income received from alimony and child support from my now newly remarried to me ex husband?

We have petitioned the courts but they continue to pay me. My daughter is 20 yrs old and I still receive child support too!

Child Income Tax Deduction

Child Income Tax Deduction

I did not claim my oldest son last year because he made money on his own.

This year he doesn't have a job and he is going to college and is 24 yr old.

Can I claim him for 2011?

Child Care in Two States Income Tax Deductible

by Jobby
(Beaverton OR)

Child Care Income Tax Deduction

This question is specifically regarding the filing of STATE taxes.

We moved from California to Oregon on Jan 25,2010.

We have two kids and spend USD 1007 for child care in CA .

For the rest of the year ,we were in OR and didn't spend any money on childcare.

My question is which among the following is correct:

1) We can claim the Child Care Expenses in CA return only as the money was actually spend while we were in CA

2) We can claim the Child Care Expenses in OR return only as we residents of OR for most time of the year

3) We can claim the child care expenses in both CA and OR returns as the filing for each state is independent and while filing a State tax return ,we should file as if we were the residents of the state for the whole year.

4) We cannot claim the Child care expenses in any of the state returns as the money was actually spend in CA and we were residents of OR for most time of the year.

Please HELP
Thank you in advance
Jobby

Living With Partner Income Tax Deduction

by Tina
(Levittown, PA)

Partner Income Tax Deduction

I am living with my partner in Pennsylvania. I am not working and she totally supports me in every way thinkable.

She is head of the household. Can she claim me as a deduction on her tax forms when she fills them out?

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