Tax return and social security dedcuction?

a. Are the automatic deductions to my Social Security in anyway deductible/adjustable/claim credit etc on my Tax Return Form.

b. I paid some property tax on my car. Is it any way deductible/adjustable/claim credit etc on my Tax Return Form?

Kindly reply. thanks

Tax return and social security dedcuction?

a- No, Social Security taxes are not deductible.

b- If you itemize your deductions, you can deduct the property tax portion on your car. If you dont, you cant.

Tax return and social security dedcuction?

Medical expenses including medicare premiums, and personal property tax on a car, might be deductible but only if you itemize. If you take the standard deduction, no.

Tax return and social security dedcuction?

If you are a sole proprietor (business owner) you can deduct part of the amount paid for social security, but if you are an employee, not (employees pay only half of the tax, employers and self employed individuals have to pick up the other half.) If the tax on your car is a licensing fee, no; if it%26#039;s a %26quot;personal property tax,%26quot; then yes.