Illinois Tax Deductions!!!!!!!!!!!!!!!!!!!!! - Chicagoland Sportbikes
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post #1 of 14 (permalink) Old 01-26-2008, 08:53 PM Thread Starter
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Illinois Tax Deductions!!!!!!!!!!!!!!!!!!!!!

Can we start a post listing all of the Illinois tax deductions and explainations of them?

Like car and motorcycle purchases?

Cell phones used for work

Uniforms for work

Dry cleaning for work clothes?

milage for work?

more and more?????
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post #2 of 14 (permalink) Old 01-26-2008, 08:56 PM
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Car - not unless it is used for business. If you receive a W-2, most of the stuff you listed does not qualify as tax deductions.

If you own a business, yes.. If you are self employed it can vary.

Work clothes, if you're required to wear a specific uniform you may be able to. For instance, you could say I am required to wear suits to work but I can not deduct them..

Last edited by CHI1000RR; 01-26-2008 at 08:59 PM.
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post #3 of 14 (permalink) Old 01-26-2008, 09:10 PM
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The only thing I write off is uniform stuff.

2000 Honda CR250R. 2004 Suzuki GSXR 750.
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post #4 of 14 (permalink) Old 01-26-2008, 09:12 PM
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Please see a tax specialist. You do not want to be taking tax advice from a biker forum, especially CLSB.

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post #5 of 14 (permalink) Old 01-26-2008, 10:00 PM Thread Starter
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so nobody on this forum has legit info? just trying to find out what I can and cant do before I spend money to have it done.
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post #6 of 14 (permalink) Old 01-26-2008, 10:04 PM
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Quote:
Originally Posted by cp3823 View Post
so nobody on this forum has legit info? just trying to find out what I can and cant do before I spend money to have it done.
Are you already itemizing deductions already or do you take the 'standard deduction' ??

If you are not already itemizing, then there's probably a reason (like say you don't have enough deductions to go above and beyond the standard one or you do not have the supporting documentation to be able to back it up in case of an audit).

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post #7 of 14 (permalink) Old 01-26-2008, 10:17 PM Thread Starter
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I track and log all my miles to and from work. I log meeting miles as well. I keep my receipts for work clothes, (scubs for working at a hospital) I bought a $200 stethascope this year for work. My work requires me to have a phone for 24 hour contact notice, so my cell phone, no house phone etc. I paid $900 for 2 college classes this year. I took a federal loan out for them.
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post #8 of 14 (permalink) Old 01-27-2008, 12:15 AM
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Quote:
Originally Posted by cp3823 View Post
so nobody on this forum has legit info? just trying to find out what I can and cant do before I spend money to have it done.
let me start by saying if you own a business:


go to a tax consultant.

if you dont make much money, dont worry ANY decent one will know more then you.

if you make GREAT money, then you just get a GREAT tax guy.

also all lawyers,CPA's etc are tax deductible


in short if its business deductions you looking for. ill make it real simple to have a good START but in the end GET A CPA.

ANYTHING you spend to possible MAKE MONEY with your business, consider it a tax deduction.

before you spend "depending on your financial situation" thousands of dollars on something? call your CPA.


this is the best advise your ever gonna get other then some links to shit you gotta read and ponder on unless you go to a CPA.



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post #9 of 14 (permalink) Old 01-27-2008, 04:29 AM
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Union dues are deductible.

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post #10 of 14 (permalink) Old 01-27-2008, 05:44 AM
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Quote:
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Union dues are deductible.
Really? I didnt know that....that'll help me for sure.
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post #11 of 14 (permalink) Old 01-27-2008, 06:08 AM
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Quote:
Originally Posted by CHI1000RR View Post
Car - not unless it is used for business. If you receive a W-2, most of the stuff you listed does not qualify as tax deductions.

If you own a business, yes.. If you are self employed it can vary.

Work clothes, if you're required to wear a specific uniform you may be able to. For instance, you could say I am required to wear suits to work but I can not deduct them..
Lets say I work construction and my boss makes me drive to the jobsites all around the chicagoland area. Can I deduct that? Also how do I prove it?
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post #12 of 14 (permalink) Old 01-27-2008, 10:46 AM
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Quote:
Originally Posted by ThirdgenTa View Post
Lets say I work construction and my boss makes me drive to the jobsites all around the chicagoland area. Can I deduct that? Also how do I prove it?
Do you receive a W-2? Usually your employer would compensate you for mileage.

Use a CPA if you have questions. I do not think this thread was created by someone about to do their own taxes. If you are doing your own, use turbo tax; they're not going to let you deduct anything you should not be. That is unless you provide false information.

As far as scrubs and hospital gear, I don't know. Ask your peers at work, I'm thinking no.
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post #13 of 14 (permalink) Old 01-27-2008, 02:27 PM
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You can't itemize deductions on your ILLINOIS-1040.

http://www.revenue.state.il.us/Individuals/index.htm

http://www.revenue.state.il.us/TaxFo...-1040-Inst.pdf

Regarding your FEDERAL taxes, reading this would be a good start --

http://www.irs.gov/pub/irs-pdf/i1040.pdf

Quote:
Originally Posted by Odysseys View Post
also all lawyers,CPA's etc are tax deductible
wat?

I think what you were meaning to say is that tax preparation fees are potentially deductable.

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post #14 of 14 (permalink) Old 01-27-2008, 07:16 PM
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Gotta love not having any State Tax

Sorry couldn't pass this one up
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