Comments on: 2007 Tax Information

By: Madison

Madison — Sat, 05 Jan 2008 21:24:44 +0000

@MSE: Yes, if you are itemizing home interest (or interest on your mortgage) is deductible on Schedule A.

I’m not sure I know what you mean by mortgage insurance. Do you mean PMI? or homeowners insurance?

By: MSE

MSE — Fri, 04 Jan 2008 19:03:40 +0000

Is home interest or mortgage insurance a deduction?

By: Don't Mess With Taxes

Don't Mess With Taxes — Mon, 17 Dec 2007 20:05:06 +0000

Tax Carnival #26: Stocking Stuffers…

Christmas is just eight days away. That means it’s time for our annual Stocking Stuffers edition of the Carnival of Taxes. This year, we have 10 tips to fill the tax socks hung with care. It’s a smaller than usual Carnival, but given the craziness of…

By: Madison

Madison — Tue, 11 Dec 2007 20:03:49 +0000

@B: Unfortunately the car depreciation is for business use only. There isn’t any depreciation for personal use of vehicles.

By: B

Tue, 11 Dec 2007 19:35:50 +0000

Is “Car Depreciation Maximums” for business or personal deduction? if personal how to use it?

By: Tax Round-up: Yee-haw! « The Honest Dollar

Tax Round-up: Yee-haw! « The Honest Dollar — Tue, 11 Dec 2007 15:17:22 +0000

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