East Oregonian : E.O. (Pendleton, OR) 1888-current, January 14, 2020, Page 17, Image 17

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    EASTERN OREGON MARKETPLACE
Tuesday, January, 14, 2020
613 Houses
for Rent
Hermiston -New executive
single family home.
Top line feature thru out a
must see, security enhanced
garbage and lawn service
included 3br 2ba
No smoke
$2100/month
12 month lease
Text for appointment
503-789-3868
643 Business-
Sales Opportunities
643 Business-
Sales Opportunities
Notice: Oregon State Law re-
quires anyone who contracts
for construction work to be li-
censed with the Construction
Contractors Board. An active
license means the contractor
is bonded and insured. Verify
the contractor’s CCB license
through the CCB Consumer
Website:
East Oregonian
Page 5A
ADVERTISERS:
LOOKING TO REACH A KEY
AUDIENCE SEGMENT ?
www.hirealicensedcontractor.com
Looking for a new place to
live? The classified ads offer
a complete section of homes,
apartments, and mobile
homes to fit your needs.
Check daily for new listings!
Advertise Here!
HOMES SELL FAST IN CLASSIFIEDS!
WHY store items you’ll never use
again? Exchange them for cash with
a low-cost ad in the classifieds.
Hermiston-New spac super
NRG efficient Duplx unit
W/MIni-Split heat/ac system
2br 2ba All appls included
Master W/WIC & Europe-
an WI tile shower Quartz
CT’s Tile & LVT flrs Large
attached SGL car gar Pvt
fenced back yard Lrg cover
back patio Exc parking
Garbage and Lawn care
included
No smoke
$1590/month
Text for appt
503-789-3868
LOOKING for livestock buyers?
Place a low-cost classified ad.
JUST RELEASED
+ ENJOY THESE BENEFITS
Section remains in homes all week
UMATILLA
COUNT Y
MEMORIES
Streaming, puzzles and TV listings
You OWN your fixed ad space all year
Hardcover book
Limited supply
Attractive rates
Limited Time Offer
$44.95
plus tax & shipping
SCREEN time
Heirloom quality, 144 pages • Historic photos of Umatilla County from the
mid-1800s through 1939 • Books are selling quickly — order yours today!
Learn more and order online at
Umatilla.PictorialBook.com
Contact your Angela Treadwell, Sales Manager today to schedule an appointment!
or call 800-522-0255
atreadwell@eastoregonian.com or call us today! 541-966-0827
TAX GUIDE | DEDUCTIONS
Summer Tax Savings Opportunities
Did you know
that some of your
summertime
activities, pursuits
and investments can
result in tax credits
and deductions?
If you volunteered, worked a
summer job or sent your kids
to day camp over the summer,
the IRS allows certain deduc-
tions and credits for all these
common activities. Of course,
if you purchased a home or
got married, these big life
events are also can trigger tax
changes. Here’s a noncompre-
hensive list from the IRS:
Marriage: If you were mar-
ried this summer, you might
miss tax-related notices from
the IRS if you don’t update
your name change to the
Social Security Administration
before April 15.
Summer camp rebates: You
can’t claim overnight camps,
but summer day camps could
count as day care under the
Child and Dependent Care
Credit.
Summer jobs: If you took
on part-time work or a sum-
mer job, your employer is
required to issue you a W-2 —
unless you worked as a free-
lancer or part-time contractor,
then you must report your
own earnings. Knowing your
status — employee or contrac-
tor — can help you at tax time.
ITEMIZING
Because of the larger per-
© ADOBE STOCK
sonal exemption enacted as a
result of the Tax Cuts and Jobs
Act of 2017, many people are
forgoing itemizing. But for cer-
tain filers, itemizing can result
in several deductions, accord-
ing to the IRS. Here’s just a few
for those who itemize:
Homebuyers: New home-
owners buying after Dec. 15,
2017, can only deduct mort-
gage interest they pay on a
total of $750,000, or $375,000 if
married filing separately, in
qualifying debt for a first and
second home. For existing
mortgages if the loan originat-
ed on or before Dec. 15, 2017,
taxpayers continue to deduct
interest on a total of $1 million
in qualifying debt secured by
first and second homes.
Donations: Those long-un-
used items in good condition
found during a summer clean-
ing and donated to a qualified
charity may qualify for a tax
deduction. Taxpayers must
itemize deductions to deduct
charitable contributions and
have proof of all donations.
Volunteering: Driving a per-
sonal vehicle while donating
services on a trip sponsored
by a qualified charity could
qualify for a tax break.
Itemizers can deduct 14 cents
per mile for charitable mileage
driven in 2019.
Summer work: Although
workers may not have earned
enough money from a sum-
mer job to require filing a tax
return, they may still want to
file when tax time comes
around. It is essential to file a
return to get a refund of any
income tax withheld. There is
no penalty for filing a late
return for those receiving
refunds, however, by law, a
return must be filed within
three years to get the refund.
Withholding: Newlyweds,
summertime workers, home-
owners and every taxpayer in
between should take some
time to check their tax with-
holding to make sure they are
paying the right amount of tax
as they earn it throughout the
year. A withholding calculator
on irs.gov helps employees
estimate their income tax,
credits, adjustments and
deductions and determine
whether they need to adjust
their withholding by submit-
ting a new Form W-4,
Employee’s Withholding
Allowance Certificate.
Taxpayers should remember
that, if needed, they should
submit their new W-4 to their
employer, not the IRS.
In addition to these tips,
taxpayers should visit irs.com
for the full schedule of deduc-
tions and credits that may be
available to them.