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http://boards.fool.com/lorenzo2-sez-ive-never-heard-of-federal-taxes-16373179.aspx
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| Subject: Re: Estimating State/Federal Taxes | Date: 1/1/2002 12:06 PM | |
| Author: lorenzo2 | Number: 56564 of 121061 | |
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lorenzo2 sez: I've never heard of federal taxes being deductible on a state return. pmarti replies: I'm told Colorado allowed this deduction at one time, and I'm pretty sure Iowa does today. Well, so it does. I just had a look at the Iowa form, which has a few other interesting items: - Chickadee Checkoff, a contribution to a state Fish and Wildlife fund; - Corndog Checkoff, a contribution to help fund capital improvements to the State Fairgrounds, where I guess they sell a lot of corndogs. They also allow a deduction for your auto registration fee, calculated as follows: deduction = fee - (weight of car)/250. If it's a pickup truck full of corndogs, you may get no deduction at all. |
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