Ask Experts Questions for FREE Help !
Ask
    sOUVANIK's Avatar
    sOUVANIK Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Feb 8, 2010, 11:10 PM
    Why non taxable expenses in credit
    We would like to know the reason why non-taxable transactions should be credited to these accoun
    morgaine300's Avatar
    morgaine300 Posts: 6,561, Reputation: 276
    Uber Member
    		  
    #2

    Feb 11, 2010, 01:40 AM

    What non-taxable transactions, non-taxable to whom and for what reason (sales tax, income tax?? ), and credited to what accounts?

    Not at all clear.
Not your question? Ask your question View similar questions
 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

1098-T Education expenses and the credit [ 1 Answers ]

I attended a vocational post secondary school for courses to advance my work related skills. I spent $600 in 2009. However I got only receipts for my payments and no 1098 T. I graduated with my certificate. How do I take the education credit without the 1098 T?

NYC Taxable Income for NJ 1040 Credit [ 1 Answers ]

Hi, I am full year resident to NJ and have NY as well as NJ income. When computing tax credit on NJ 1040 form for NY taxes, which line from NY IT-203 form do I use to report income taxed by NY Do I use line 31 (Column of New York) or line 36, which is use to calculate Base Tax of NY. I...

Perdiem, travel and other expenses/taxable non taxable [ 1 Answers ]

Hi, Here I will explain my situation and help me under stand about taxable non taxable items. 1. I am on H1B from a company based in Teaxas. But I do not live in Texas. My wife works in Michigan and I live in Michigan along with my wife. 2. My temporary company assignment is in Atlanta,...

Is a settlement with a credit card taxable? [ 3 Answers ]

I owe 60,000 in credit card debt. If I settle with the issuers for 20,000, will I get a 1099 for the difference?

View more questions Search