I have a $500 deductible through Progressive and my 2003 beetle needs to have the water pump, timing belt and thermometer replaced costing over $700. Can I use my insurances $500 deductible and have them take care of the rest, or does that only work for car accidents in which I’m at fault? Thanks!
Hello All. I am a 48 year old, full time RN who is enrolling in Graduate School to become a Nurse Practitioner. I’ve never taken out a student loan in the past so have no experience with this. How does it work when one is completing their yearly taxes in relation to student loan interest? [...]
I had an insurance claim for a lightening strike. The expenses were put to an insurance receivable, minus $500 which was the amount of the deductible. I recorded it as an expense. When I received the insurance check I credited the receivable. Is this the correct way to record the $500 deductible?
My husband and I are both in school and he works part time, I work full time. Im setting up my benefits, but I dont know what to do about the medical stuff. We are trying to save money (school expenses) so what would be the best to go with? We dont visit the doctors [...]
When they say donations and home equity loans are tax deductible, what does this mean? Does a $1000 donation mean $1000 less federal income tax? Does $1000 paid in interest on a home equity loan mean $1000 less federal income tax?