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 Income Tax Issues

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static
post Feb 26 2010, 01:09 PM

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Then use the annual salary as my total income as of year 2009, and do the tax relief normally? I think i will do that for 2009.
penangmee
post Feb 26 2010, 01:53 PM

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QUOTE(static @ Feb 26 2010, 01:09 PM)
Then use the annual salary as my total income as of year 2009, and do the tax relief normally? I think i will do that for 2009.
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That's right but it is still better if you have some sort of documentation just in case you are audited.
I say , he say is of little value.
leongal
post Feb 26 2010, 02:09 PM

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QUOTE(static @ Feb 26 2010, 12:12 AM)
He said he doesnt issue for contract workers.

When filing the tax, is there a section for individual income? Say, side income? Side income also no EA form one right? Sigh, so stressed now sad.gif
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if he still doesn't, report him to the labor department
static
post Feb 28 2010, 02:30 AM

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Nah, asked around and i'm a contractor (consultant) based on a project basis actually, hence no EA form. It's the same for the rest, except most of them, they are sole proprietorship and file borang B instead :/

The rest, they just sum up, and do normally, with payslips as proof of annual income. and they credit certain amount into their EPF though.


ronnie
post Mar 1 2010, 12:40 AM

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As my wife is not working in 2009 (i.e. homemaker), I plan to do comibined assessment for YA2009.

Do we need to close her Income Tax file ?
Can her medical insurance portion be added to mine ?
attahun
post Mar 1 2010, 09:28 AM

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QUOTE(ronnie @ Mar 1 2010, 12:40 AM)
As my wife is not working in 2009 (i.e. homemaker), I plan to do comibined assessment for YA2009.

Do we need to close her Income Tax file ?
Can her medical insurance portion be added to mine ?
*
i think no need to close her income tax file..declare her account as 'jenis taksiran - bersama atas nama suami'. then LHDN will base her tax on urs already. i think insurance portion can be added to urs up to the limit only..so it will be rm3K total for 'both' of you. correct me if i'm wrong.


Added on March 1, 2010, 9:30 am
QUOTE(yewkhuay @ Feb 25 2010, 03:05 PM)
Hi all,

I remember in 2009 govt announce 3yrs for interest paid for house loan from 2009 for income tax, can someone verify this ? and if it is true under which column we claim interest paid to bank to waive from tax?
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yes there is portion in borang be2009 to claim for housing interest. check their website for details. its limited to rm10K, you can check my calculator which i already updated based on BE2009.

This post has been edited by attahun: Mar 1 2010, 09:30 AM
HHalphaomega
post Mar 1 2010, 09:37 AM

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QUOTE(ronnie @ Mar 1 2010, 12:40 AM)
As my wife is not working in 2009 (i.e. homemaker), I plan to do comibined assessment for YA2009.

Do we need to close her Income Tax file ?
Can her medical insurance portion be added to mine ?
*
In combined assessment, the medical insurance part as with any other reliefs is added to spouse who is making the claim up to the amount of RM3K. You're right Attahun smile.gif

attahun
post Mar 1 2010, 09:37 AM

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QUOTE(static @ Feb 28 2010, 02:30 AM)
Nah, asked around and i'm a contractor (consultant) based on a project basis actually, hence no EA form. It's the same for the rest, except most of them, they are sole proprietorship and file borang B instead :/

The rest, they just sum up, and do normally, with payslips as proof of annual income. and they credit certain amount into their EPF though.
*
u should credit in EPF just to max out the quota of rm6K..makes a difference to ur tax value. brows.gif


Added on March 1, 2010, 9:41 am
QUOTE(HHalphaomega @ Mar 1 2010, 09:37 AM)
In combined assessment, the medical insurance part as with any other reliefs is added to spouse who is making the claim up to the amount of RM3K. You're right Attahun  smile.gif
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thanx bro for clarifying that. biggrin.gif

This post has been edited by attahun: Mar 1 2010, 09:41 AM
keeseng12
post Mar 1 2010, 11:01 AM

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i thought the "Individual and dependant relatives" has been increased to RM10,000 instead of RM8000?

please correct me if i'm wrong.

editted: I've checked the LHDN website and it's written RM9000 for 2010. Does it means for YA2010? We're doing YA2009 income tax this year right?

This post has been edited by keeseng12: Mar 1 2010, 11:06 AM
attahun
post Mar 1 2010, 11:13 AM

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QUOTE(keeseng12 @ Mar 1 2010, 11:01 AM)
i thought the "Individual and dependant relatives" has been increased to RM10,000 instead of RM8000?

please correct me if i'm wrong.

editted: I've checked the LHDN website and it's written RM9000 for 2010. Does it means for YA2010? We're doing YA2009 income tax this year right?
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correct rm9K is for YA2010, is still rm8K for YA2009. sweat.gif
Pennywise
post Mar 1 2010, 09:32 PM

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Anyone knows how do I check back my previous year e-Filing information?
static
post Mar 1 2010, 10:19 PM

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QUOTE(attahun @ Mar 1 2010, 09:37 AM)
u should credit in EPF just to max out the quota of rm6K..makes a difference to ur tax value. brows.gif
Yeap, planning to do that, just a little figure, for the future. I just found out can do self contribution through online banking at Public Bank, Maybank and another bank cannot remember. So easy smile.gif
keeseng12
post Mar 2 2010, 12:43 AM

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QUOTE(attahun @ Mar 1 2010, 11:13 AM)
correct rm9K is for YA2010, is still rm8K for YA2009. sweat.gif
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blink.gif cry.gif
wished they will increase the amount over time. biggrin.gif

thanks a lot for the clarification.
attahun
post Mar 2 2010, 08:58 AM

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QUOTE(keeseng12 @ Mar 2 2010, 12:43 AM)
blink.gif  cry.gif
wished they will increase the amount over time. biggrin.gif

thanks a lot for the clarification.
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yeah i hope so too..should have been more than rm9k anyway..who make up this figures anyway?? sad.gif
keeseng12
post Mar 2 2010, 10:57 AM

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QUOTE(attahun @ Mar 2 2010, 08:58 AM)
yeah i hope so too..should have been more than rm9k anyway..who make up this figures anyway??  sad.gif
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every year Budget's forecast?
rayfoo
post Mar 2 2010, 11:00 AM

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broadband can claim this year rite? issit in the form? cant find it
leongal
post Mar 2 2010, 11:46 AM

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QUOTE(rayfoo @ Mar 2 2010, 11:00 AM)
broadband can claim this year rite? issit in the form? cant find it
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year of assessment 2010...means next year's tax filling

This post has been edited by leongal: Mar 2 2010, 11:47 AM
attahun
post Mar 2 2010, 03:30 PM

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QUOTE(leongal @ Mar 2 2010, 11:46 AM)
year of assessment 2010...means next year's tax filling
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yup, next year filing, up to rm500. so whoever wants the relief, better subscribe to broadband now! tongue.gif
Sitting Duck
post Mar 2 2010, 03:55 PM

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Hi, my wife is not working.. and all these while I declare my income tax as individual.

So should I continue to file it as individual or combine? What is the advantage of it filing it as individual or combine?

And can someone tell me what does "Ketetapan Umum Dipatuhi" means?

Thanks for the advice in advance.
duke_raynor
post Mar 2 2010, 04:20 PM

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QUOTE(yewkhuay @ Feb 25 2010, 03:05 PM)
Hi all,

I remember in 2009 govt announce 3yrs for interest paid for house loan from 2009 for income tax, can someone verify this ? and if it is true under which column we claim interest paid to bank to waive from tax?
*
Hi YewKhuay
I just recieved the form from LHDN. I am still not using thier online system. I noted that in the section D8D.
However I dont know how to fill up this portion. Anyone knows how to fill this section please let me know as well.

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