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Question: Can I get a tax deduction for Celiac Disease? Does it ever go away?

Since I have to spend a little more money and it is part of a cure I guess. Am I able to get tax deductions. Its from publication 502, but I don’t know if I’m included. Here is the link for publication 502:http://www.irs.gov/pub/irs-pdf/p502.pdf.

I also want to know if it ever goes away. Or will I have to live with it the rest of my life.

Answer: 1. Celiac is an autoimmune disease like diabetes, lupus, etc. No, it never goes away and the only “treatment” is a strict, gluten free diet. This takes willpower and determination, but you can do it.
2. In the US, we keep getting mixed messages. I feel it should. There is an article about this subject on celiac.com, but before you start taking deductions I would be double checking that with an IRS agent to make sure you save everything that you can so you won’t get into trouble.
here it is:

http://www.celiac.com/articles/279/1/Tax-Deduction-for-Gluten-Free-Foods-as-a-Medical-Expense-for-Diagnosed-Celiacs-Only/Page1.html

print and copy that, keep it and the “regular” food prices written down as well as the reciept for your gf purchases. Keep it all in a folder and be ready with the proof should you be questioned.
Good luck! and happy healing. Start educating yourself ASAP about celiac. Celiac.com is a great place to start!

Residents could qualify for IRS relief

Daily News Staff Onslow County residents who experienced property damage from flooding in September could qualify for tax relief from the Internal Revenue Service. Onslow is among six N.C. counties declared as federal disaster areas, allowing the IRS…

How to File Your Taxes Online : An IRS.gov Tax Overview

Question: www.IRS.gov?

Can I get 2005 form 1040. (last years) n the internet?

Answer: As a matter of fact you can.. here is the address…

http://www.irs.gov/pub/irs-prior/f1040–2005.pdf

If you need additional 2005 forms just go to the IRS website and put the form and year in the search. Good Luck!

2010 donations end soon

In this season of giving, you may have visions of plum tax deductions dancing in your head. Let’s be honest — sometimes we give because it’s a good cause or just the right thing to do. But sometimes it’s because we look at the calendar and realize the year is almost over and we need some more write-offs.

Tips from the IRS-All about IRS.gov

Question: What federal law states that a debt has to be charged off in 180 days?

I have been searching on the internet and keep seeing statements like this:

“By federal law, financial institutions are required to write off accounts that are more than 180 days, or six months, past due. However certain banks charge off particular loans after the 207th day of non-payment.”

Can anyone tell me what US Code this falls under?? Or is it a IRS regulation to give the creditor a tax write off.

I understand that a debt is a debt until u pay it, just would like to know is it a federal law or not?
Chapter 7 Bankruptcy law applies to charging off debt when a company or individual cannot pay. I would like to know when you don’t pay a creditor, when do they have to charge if off. Thanks

Answer: chapter 7 http://ezinearticles.com/?Bankruptcy-Chapters-Explained&id=58093

only deadbeats refrain from debt reimbursement

IRS has new registration hoop for tax preparers

WINTER HAVEN – Do you know if your tax preparer is qualified?

Tax Relief for Foreclosed Homeowners – IRS Cancellation of Debt Income

Question: Reporting Income (foreign income and T2125 self emloyed)?

I live in Canada and self emloyed. I work in the USA most of the time , therefore I pay taxes to the IRS (I do a US tax return).

When I report my income , which is foreign income, do I report on line 104 other employment income and/or on T2125 as income as well?

Also , same questions for tax payed to the USA, where on the Canadian forms do I report this as a self-employed person?

I would like to deduct some of my expenses, I assume I do this on T2125.

Thanks
If I report foreign income on the schedule and then on form T2125, wont my income credits double up?
So, if I have foreign income and I am self-employed I report T2125 and not on line 104 other income

Answer: Sparky is a little confused regarding the effect of the Canada-US Income Tax Treaty.

First you determine if your income is taxable by one country or both under the tax treaty. If it is NOT taxable in Canada, you exclude it on line 256 of your return. This deduction has NOTHING to do with the Foreign Tax Credit.

http://www.cra-arc.gc.ca/E/pub/tg/5000-g/5000-g-03-09e.html#P1038_137026

THEN, if and only if the income is taxable by both the US and Canada, do you worry about claiming a Foreign Tax Credit.

Again, the Foreign Tax Credit ONLY applies if the income is NOT addressed under the Treaty.

As for Self-Employment income, the treaty is quite clear:

Article XIV
Independent Personal Services
Income derived by an individual who is a resident of a Contracting State [CANADA] in respect of independent personal services may be taxed in that State. Such income may also be taxed in the other Contracting State [USA] if the individual has or had a fixed base regularly available to him in that other State but only to the extent that the income is attributable to the fixed base.

Your question describes the exact situation above which allows the SE income to be taxed by BOTH Canada and the US. You therefore declare the income and take deductions on BOTH Schedule C/SE and form T2125. (Currency must be converted at the DAILY rate of income or expense at the Bank of Canada rate. A spreadsheet is helpful!)

You will therefore calculate the taxes paid to both countries on this income, and claim a Foreign Tax Credit for the amount of the lesser tax on the tax return for the country imposing the higher tax.

Hope this answers all your questions.

======EDIT============
You don’t allow email… that’s too bad….
“If I report foreign income on the schedule and then on form T2125, wont my income credits double up?”
I have NO IDEA what you mean by this. You do NOT report self-employment income anywhere OTHER than T2125 on your Cdn return.

Special Turmeric Extract Benefits Osteoarthritis Patients

AUSTIN, Texas, Sept. 15 /PRNewswire-USNewswire/ — A new clinical trial supports the benefits to people with osteoarthritis who used a unique extract of turmeric. [1] Scientists in Italy have studied the pain-relief, increased flexibility, and other effects of a special, patented extract of the roots of turmeric, the flavorful spice that has been used for centuries as a traditional remedy …

NEW DISCOVERY ON RUSSIA GEORIGA CONFLICT – hard evidence soldier link USA south ossetia Abkhazia NAU EU oil pipeline india iraq iran afghanistan waziristan islamabad pakistan moscow blackwater blood oil money global war on terror bin laden CIA DHS IRS

Moffat, Tribune, EBay, U.S. Foodservice, Moody’s, Drill Ban in Court News

Robert Moffat, a former International Business Machines Corp. senior vice president, was sentenced to six months in prison for leaking information to Danielle Chiesi, a consultant for New Castle Funds LLC.

Appeals: The Appeals Examination Process December 2009