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- Jun 7, 2008
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I just completed my taxes for 2010 and getting refund. Every year I get disapointed, no wait depressed is more like it. Its not about the size of refund cuz I'm happy with it. MY issue is that when going through the possible deductions or credits we could take, it is always the wrong year or they ended it. I try to stay on top of info of incentives and stuff, but the gov. seems to be sneaky about it. I just want to know what is current for 2011 and how we can take advantage of it.
SO lets start out the year new and try to post tips here.
For example if you plan on getting a new furance/water heater, the credits is still there but its less money and more picky. last year you could claim up to 30% of cost or $1500 cap for any energy saver. This year you can only get 10% or 200 cap ONLY if you get a 95% efficency rating!
For those who are working, you SHOULD be seeing a 2% decrease of SS taxes on your paycheck this year. Have you guys confirmed this?
What other tips do you have for 2011?
SO lets start out the year new and try to post tips here.
For example if you plan on getting a new furance/water heater, the credits is still there but its less money and more picky. last year you could claim up to 30% of cost or $1500 cap for any energy saver. This year you can only get 10% or 200 cap ONLY if you get a 95% efficency rating!
For those who are working, you SHOULD be seeing a 2% decrease of SS taxes on your paycheck this year. Have you guys confirmed this?
What other tips do you have for 2011?