I wanted to know if things like health insurance premiums, professional liability insurance and or car loan monthly interests could be deducted while filing for tax returns by a non resident alien. thanks
Posts Tagged ‘Could’
Dems: could you have designed a better way to tax the poor than Obamacare?
17
May
http://www.cato.org/view_ddispatch.php?viewdate=20100115
“Dear Poor People, Stay Poor.” Sincerely, ObamaCare
House and Senate Democrats have produced health care legislation whose mandates, subsidies, tax penalties, and health insurance regulations would penalize work and reward Americans who refuse to purchase health insurance. In a new study, Cato Director of Health Policy Studies Michael F. Cannon explains how the legislation could trap many Americans in low-wage jobs and cause even higher health-insurance premiums, government spending, and taxes.
Some of the study’s startling findings:
* Mandates and subsidies would impose effective marginal tax rates on low-wage workers that would average between 53 and 74 percent— and even reach as high as 82 percent—over broad ranges of earned income. By comparison, the wealthiest Americans would face tax rates no higher than 47.9 percent.
* Over smaller ranges of earned income, the legislation would impose effective marginal tax rates that exceed 100 percent. Families of four would see effective marginal tax rates as high as 174 percent under the Senate bill and 159 percent under the House bill.
* Middle-income workers could save as much as $8,000 per year by dropping coverage and purchasing health insurance only when sick.
* Suppose you’re a family of four at or near the federal poverty level. Under current law, if you earn an additional dollar, you get to keep around 60-70 cents. Under the House and Senate health care bills, however, you would get to keep maybe 38 cents. Or 26 cents. Or maybe just 18 cents.
what is the cheapest car insurance company to go with at 16. could someone give me a estimate?
10
May
my car is a 2000 Pontiac grand prix. all i need is state minimum.i live in ohio
I purchased my 1st home on June 29. I had to have flood insurance before I could close, we used state farm,?
18
Apr
whom we have our homeowners, auto, & windinsurance through. We closed on June 29th, moved into our home. Now today we received a letter from state farm stating that we regret to inform that we cannot issue the policy as requested. WE have not received minimum premium as required by the national flood insurance program..what does this mean?? What do we do? I live 16 miles from the Gulf Of Mexico, near Galveston, TX.
With a $1200 yearly auto insurance premium, what if any could I expect back when switching services?
01
Apr
I’m not sure how the universe of these con artists operate. How do I know if I’m eligible for a return and how much could I expect? I have moved out of state recently and need to change.
Get A Free Auto Insurance Quote And See How Much Money You Could Be Saving
23
Nov
http://www.quick-car-insura…
There are many ways to get from point A to Point B but if you drive a car, you are required by law to carry auto insurance. The problem is most people are paying quit…
Anybody Could Give Me A Estimated How Much Money Do A 18 Years Olds Would Pay For A Car Insurance A Full Cover?
25
Oct
Anybody could give me a estimated how much money do a 18 years olds would pay for a car insurance a full cover? He is going to buy a 2007 Dodge Durango SLT He will fianced the car on his name! The car is for my son. We live in the states of Florida ! If you guys can give me some information about a cheaper insurance Thanks!
Low Credit Score Video: Five Ways Your Credit Score Could Be Costing You A Fortune
14
Oct
http://www.creditsecretsbib… Free 24hr Recorded Information Call: (775) 321-9709
LOW CREDIT SCORE: Five Ways Your Credit Score Could Be Costing You a Fortune. While some surveys show
that 9…
Could I Pay An Insurance Estimate For A Minor Car Ding Without Having My Insurance Rate Increase Or A Point?
10
Oct
I backed into a car under 3mph and there was costmetic damage on the other party’s bumper, since it is minimal, I don’t think it would be worth the cost of increased insurance for something so little.
Could Pay-as-you-drive be the Route to Cheaper Car Insurance?
19
Sep
The concept of ‘pay-as-you-go’ has been a mainstay of the communications industry for many years. A person, who rarely uses a mobile phone or the internet, can benefit from only paying for the amount of calls/texts or downloads they make, without the hassle of paying a flat fee for a monthly contract.
It’s a straightforward concept – and now it can be applied to car insurance too.
Norwich Union, Britain’s biggest insurer has introduced a ‘pay-as-you-drive’ scheme, which is designed for people who don’t use their car very often or only do short journeys.
The insurer provides you with a GPS device that records your journeys and in turn calculates your premiums. It is fitted for free, and if you drive less than 6,000 miles a year, it could save you as much as 30% on your car insurance.
It’s not all about cheap car insurance however, as this tracking device could provide peace of mind too thanks to an assistance button that provides round-the-clock access to help in the event of an accident or breakdown.
The pay-as-you-drive scheme has received mixed reviews across the industry.
The scheme’s critics claim that this is an invasion of privacy and another example of insurers seeking more knowledge about drivers. Many analysts also believe that this black-box style device may be used to help police deal with traffic crimes in the future.
However, Norwich Union argues that it simply allows for fairer pricing and with bonus features such as trials of satellite navigation and speed camera alerts it could even help you avoid trouble.
Whether or not its long-term motives are genuine and this concept will continue to be used to help drivers secure cheap car insurance, clearly this is just the beginning for pay-as-you-drive. Expect it to be implemented by more car insurance companies in the near future.