Thursday, March 06, 2008

Is it deductible?

It is tax season again and since this is one of the tasks that falls to me in my household I have been doing a bit of research. I'm always worried that I claimed something I shouldn't have and they are going to throw me in the big house, or that I missed out on some deduction that everyone else knows about but me. Paranoid--who me? While doing my research I found an "Is it deductible?" quiz on Kiplinger's website. Did you know you can claim a charitable contribution if you host a foreign exchange student? Ok, I don't have an exchange student living with me, but if I ever do, I now know. Also they have a tax rebate calculator for those of you who are unsure of how much money you are entitled to, if any, from the economic stimulus package that was signed on Feb. 13. Now I just need to stop procrastinating and get my taxes done. If you don't get your taxes done by the April 15th deadline the library has extension forms on hand--form 4868.

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