you should have enough to itemise, so it won't matter.i wonder if i can get away with head of household, seeing as E lives in my basement. lol
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you should have enough to itemise, so it won't matter.i wonder if i can get away with head of household, seeing as E lives in my basement. lol
itemized /= business expenses
does anyone know the Alt code for does not equal?
Its from distributions from an inherited IRA (used for DP on a house) and I didn't do any witholdings. I left money in the IRA to pay for the taxes this year. Of course the market has taken a HUGE SHIT since then and there is barely enough to cover the taxes now.Are you a 1099?
Its from distributions from an inherited IRA (used for DP on a house) and I didn't do any witholdings. I left money in the IRA to pay for the taxes this year. Of course the market has taken a HUGE SHIT since then and there is barely enough to cover the taxes now.
I will get to deduct mortgage interest for 6 months, property taxes and claim (some) of the losses from stock. I forget what the annual maximum is for that?
Good, thats what i've been told. Its roughly $20,000 in losses. How much can I claim per year though?You can take those losses year over year, even if you max them out this year.
Good, thats what i've been told. Its roughly $20,000 in losses. How much can I claim per year though?
since about 25% of my income is bonus money im hoping I get a good 3k or so back. Id like to save some and then pay some of my credit card debt which isnt much. trying to save some money for a new s2000 wheel that comes out in may. cant wait!