I promise to take some pictures of the boy and post soon, but in the meantime I'm doing our taxes. I want to tell you a couple things not everyone is aware of. If you do the long form you get a sales tax deduction. The standard was $1505 last year, only $1200 this year. I don't know about you guys but with our huge sales tax we definitely paid over $1200 in tax over the course of the year---and if you save all your receipts (like we do!) you can deduct the EXACT amount you actually paid...something that works out to be fair, who knew? I love it! ALSO if you spend over a certain percentage of your adjusted gross income in medical costs you can deduct those too. I don't know the % this year but Turbo Tax popped up a dollar amount for us and we actually qualified again this year. SO to make it easy for next year I got a notebook to keep track. I'm writing each appointment and how much we pay out of pocket. Right now I am scouring through our records to figure out exactly what we paid in '08. What you need to keep track of is: monthly insurance premiums, co-pays, $ to doctor, dentist, eye doctor, physical therapist, lab fees, prescriptions, contact lens solutions (not the lenses or glasses though), hearing aids and associated supplies, did you travel to a doctor---mileage, parking fee, ferry fee and tolls; did you need to get a hotel? You can claim $50 per night-----we spent $200 at the hotel by Swedish last summer--that included the hospital's surgery discount, but still the $50 helps. Also any hospital, clinic, rehab facility costs.
SOOOO keep a good record of this stuff as it happens so next January you aren't scrambling and next APril you don't throw up your hands and say forget it-------you are giving away money you don't have to spend!!!
Hope you guys get lots of money refunded!!
Three Reasons Why You Are Not Organized
2 days ago