wise investment asked:


I heard from other people that they itemized all the receipts from groceries and other items that has taxes on them and they include this when they file their tax. They don’t own businesses so I don’t get how they can do this. Is there a separate form that I can fill out to include all my expenses that has taxes on them?

dmbfans101 asked:


Obama’s tax break for 95% of people includes 40+% of people that do not pay taxes. Plus he is not planning to extend the Bush tax cuts, therefor increasing taxes on 49% or tax payers.

Richard M asked:


I am a self-employed consultant as of this year, so I am responsible for both income and self-employment taxes. If I cover all income taxes due with estimated taxes during the year, but do not include funds to cover SE taxes until I file in 2009, will it appear on my filing next April that I have under-paid, incurring penalties and interest?