1 âStride! i did my science project on it and tried ever gum brand known to man and stride and 5 are best but stride keeps its flavor longest and don't get orbit! if you chew it too long the gum dissolves and is disgusting!â. â 2 5 gum lasts the longest its blue and green are good, 5 lasts the longest out of all of them.
The deduction is limited to the sales or excise tax applicable to the first $49,500 in the vehicles purchase price, and the deduction phases out at an adjusted gross income of $125,000 (or $250,000 for joint filers). Share. Mortgage insurance premiums may be tax deductible.
Tax deductions reduce the total pool of income that is subject to tax. For example, if you made $40,000 last year and you had $5,000 in tax deductions, only $35,000 would be subject to income taxes. According to the IRS, married couples filing joint returns have a standard deduction of $11,900 for 2012 returns. Joint filers will be better off taking the standard deduction unless itemized deductions exceed that amount. Standard Deduction for Separate Filers. Married people sometimes choose to file separate tax returns. The IRS states that the standard deduction for married couples filing separate returns is $5,950 for 2012 returns, which is the same as the deduction for single filers and half that of joint filers. If both partners earn a similar amount of income, there may be little difference between filing joint and separate returns in terms of total taxes owed. Other Tax Deductions. Aside from the standard deduction, marriage can impact a variety of other tax deductions and credits.