How do i calculate my tax benefits on my property
- Thread starter Denise
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Reply: 1.1
From: Glenn M
Denise,
H&R Block provide a great one semester course for only a couple of hundred dollars which will help you out. They go into detail as to how tax liabilities including a detailed look at both Shares and Property (including associated schedules)...believe me, it can get rather complicated. By the way, I don't work for them either!
Alternatively, you may wish to source some information from a number of Tax handbooks that are out there in the marketplace.
It would be quite a long post indeed that goes into all the necessary detail you need to know!!!
Hope this helps.
GlennM.
From: Glenn M
Denise,
H&R Block provide a great one semester course for only a couple of hundred dollars which will help you out. They go into detail as to how tax liabilities including a detailed look at both Shares and Property (including associated schedules)...believe me, it can get rather complicated. By the way, I don't work for them either!
Alternatively, you may wish to source some information from a number of Tax handbooks that are out there in the marketplace.
It would be quite a long post indeed that goes into all the necessary detail you need to know!!!
Hope this helps.
GlennM.
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Reply: 1.1.1
From: Sergey Golovin
In short, the large the income the large tax refunds you will get at the end of the year, Denise.
Could be up to 48.5% per dollar you have spent.
But folks are right - talk to an accountant.
Serge.
From: Sergey Golovin
In short, the large the income the large tax refunds you will get at the end of the year, Denise.
Could be up to 48.5% per dollar you have spent.
But folks are right - talk to an accountant.
Serge.
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I used to try, but it just gets too hard. Accept reality and give up!
