LSUTiger13

Both the Fair Plan and Coastal Plan assessments should be treated the same - fully refundable. You could just default to inputting it as Fair Plan.

We can only hope that it doesn't become controlled like the lot next to Walk On's where you are not allowed to set up a tailgate. The powers that be have to realize that there are only so many available tailgating spots in the non-parking areas so tailgating should be allowed in "parking" lots as well, with the understanding that the people will be reasonable with the space that is taken up for a tailgate.

The dependent exemption leads to a deduction in addition to your standard deduction or itemized deductions in calculating taxable income. The child tax credit of $1,000 reduces the tax owed dollar for dollar.

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Is it a tax credit or a deduction.

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I would have to believe the question was regarding the tax credit.

The requirement for the fee to be charged annually would make LA's registration fees nondeductible.

If self-study works for you, I would recommend looking into the Gleim study materials. These books and CD with sample questions prepared me very well when I passed the exam six years ago. I have heard positive reviews from other CPAs that I work with as well. Good luck!

I am a fan of Quicken. I like to be able to pull reports and use the tools that are available.

I do not understand how they can say that a flex fuel vehicle does not qualify under this law the way it is written. The way it reads to me is that the incremental cost of equipment that is related to the capability of using an alternative fuel qualifies for the credit, but the cost that is related to using gasoline does not qualify. It does not seem to exclude the vehicle simply because it also uses gasoline. Under the safe harbor, it appears that even if the cost of the qualifying equipment was $1, the maximum credit could be claimed. The law seems to be poorly written and could lead to a major uproar from the citizens since it seems that many have claimed this apparently legitimate credit.

Carolina Pride by NOMB