 Can a Florida judge order that a non-custodial parent be allowed to claim child on his taxes.? |
| I keep finding conflicting information on the internet regarding the authority of state courts. I, as the custodial parent, am the sole provider for my child's health/dental insurance (I footed ... |
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 I haven't filed income Tax for 18yrs? |
| I would like to go back and straighten out my taxes. I have been employed and have had taxes deducted from my earnings, but never filed or requested a refund. For the first couple of years I got ... |
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 How can i discipline myself how to save? |
| i really wanted to save but i am always tempted to buy something for myself..... |
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 What is the correct filing status for a married couple with one child and one on the way? |
| Hi! I live in Louisiana, and we are so confused! We are trying to figure out the best way to file our exemption. Right now we have it as Married and 2. Is this right? My husband is the only one who ... |
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 How can they say your property tax is going up this year? |
| we all know that job's are going away and I think that we all have a house that has Depreciated with age I am sure that the lumber will not sell as if it were new, I bet the only Answers I get ... |
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 Would you support a national sales tax over paying a federal income tax? |
Additional Details
It would seem to me that the argument against a national sales tax is that it would hurt the poor.....the poor are already VERY screwed.... |
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 How much tax will I be charged if I work a part time job aswell as my full time job? |
Additional Details
im in UK and work full time- 40 hours a week
my part time job will be about 30 hours a ... |
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 What bill you normally pay more ?? moneywise? |
| electric, telephone, cooking gas, water, income tax ??... |
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 I just got out of prison and i havent filed taxes since 1994. how do i get right with the irs? |
| i have not been in prison since 1994. I have worked 2 or 3 mos out of every year since 1994. I just never filed my taxes.... |
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 Should I claim dependents? I currently claim 0 but...? |
| My husband and I both work full time. We have 2 children. Currently, both of us claim 0 dependents. I thought I read somewhere that the person who makes the largest salary should claim the least ... |
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| A paper check if you got the RAL....boo hoo!? |
Q. I chose direct deposit for my 2007 tax refund but also requested a refund anticipation loan (RAL) from my preparer. How does that affect my stimulus payment?
A. Taxpayers who use RALs ... |
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 Please tax preparer!Do you think I should do my taxes jointly? We are living apart but we still married...? |
I need some advice about tax refund information.
My husband and I we are living apart for about 5 month.
Now my husband wanted me to claim at my job " married 0", while last year ... |
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 Can I request that federal income taxes not be deducted from my salary? |
| I beilieve the income tax is illegal. Is it manadatory that federal income taxes be deducted from a person's salary?... |
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COLLEEN C | Can i claim my mortgage payments on my tax return? |
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T E
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You may deduct mortgage interest (not mortgage principal) ONLY if the mortgaged property has been used to earn (a) rental income, or (b) business income, AND, the rental or business activity has a reasonable expectation of profit. For example, if your rental property has monthly $500 mortgage interest expense, but u rent the property out to your relative or very dear friend for $450 monthly (either because of your close relationship or because u hope for capital gain from your property), your attempt to deduct the $500 interest may be denied by the CRA. |
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LaLa
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No, and you cannot deduct the interest either, unless it is for a rental property. |
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Notta C
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not in Canada ya can't |
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quizzard123
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Hey, this is some sort of record. We;re used to Americans coming into this forum and answering with answers that apply only to the US, but in this case we got 4 or 5 out of 7 that were wrong.
The correct answer is NO, in Canada you may not deduct mortgage interest, unless that money was borrowed specifically to earn income (and not a capital gain, it must be regular income), OR you may deduct a portion of the interest only for that portion of the home exclusively used for a business. |
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Your #1 fan
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mortgage interest, yes |
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zigmaniac
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You can only claim the interest, not the payments,, |
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jcontrols
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The interest in those payments,yes! The entire payments,no! ;-)= |
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nida
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i don't think so. Ask with your lawyer who is going to file your tax return. |
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kelly
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WHAT YOU CA NWRIE OFF IS THE INTEREST THAT YOU PAID ON YOUR MORTGAGE WHICH YOU SHOULD HAV ALREADY GOTTEN THAT PAPERWORK IT WAS DUE TO EVERYONE ON JAN.31ST. |
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