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Former alliance, tax question

Discussion in 'Stevens' started by demonslayer5545, Apr 3, 2014.

  1. Apr 3, 2014 #1
    demonslayer5545

    demonslayer5545 Light Load Member

    52
    3
    Dec 9, 2009
    Albuquerque, NM
    0
    I was alliance in January of 2013 until I quit and went back to company. What is escrow deductions? What about lease deductions per mile? Thanks guys!
     
    demonslayer5545, Apr 3, 2014
    demonslayer5545, Apr 3, 2014
    #1
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  3. Apr 3, 2014 #2
    Emulsified

    Emulsified Road Train Member

    3,663
    3,499
    May 6, 2010
    Dallas, TX
    0
    You're best to contact a tax professional for this matter. Opinions from a BB may be way out of line.
     
    Emulsified, Apr 3, 2014
    Emulsified, Apr 3, 2014
    #2
  4. Apr 3, 2014 #3
    demonslayer5545

    demonslayer5545 Light Load Member

    52
    3
    Dec 9, 2009
    Albuquerque, NM
    0
    This is stevens specific stuff it seems. I am going to do my taxes today, soooo
     
    demonslayer5545, Apr 3, 2014
    demonslayer5545, Apr 3, 2014
    #3
  5. Apr 4, 2014 #4
    Corporal_Clegg

    Corporal_Clegg Road Train Member

    1,239
    605
    Oct 9, 2010
    Raleigh,NC
    0
    Escrow deductions are money they held back in a separate account. Your maintenance account is an Escrow acct. They also held money back for other things. That money is NOT deductible off your taxes, not until its actually spent on something. Once you ended your lease they would have applied that money towards any balance owed.
     
    Corporal_Clegg, Apr 4, 2014
    Corporal_Clegg, Apr 4, 2014
    #4
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