Personal Mileage Rates Down

If you use your car for deductible moving or medical purposes, you can add the cost of driving based on a standard mileage rate. For 2008, the rate is 19

Tags: Charitable contributions, Credits/Deductions, medical expenses, Moving Expenses, Personal

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Tax Glossary

Investment in the contract

The total cost investment in an annuity. When annuity payments are made, the portion allocable to the cost investment is tax free.

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