 Stimulus payment... Has anyone been given a date of 5/7 or 5/9 by the "Where's my Stimulus Payment" tool? |
| Just curious about this. I'm still not able to get any info. Last two digits are 49, "supposed" to have the payment by this Friday. I was just wondering if anyone was seeing those ... |
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 What if you were out of work for 1-2 yrs and did not collect unemployment, do you still have to pay taxes?? |
| At one point, one of my friends had lost a job in Jun of 2006, that he worked at for a long time. He reported his income to irs the next tax year in april 2007, as usual through the proper forms. Got ... |
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 How do we get our income under $250k ? |
Is the question being asked by millions of small business owners.
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maybe if I just let one employee go?... |
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 Tax Return: Single woman, no dependents. Will I get a tax refund? |
| I know this is probably a complicated formula, but if someone could give me a general idea, I'd be grateful. In 2006 I made (gross) $18,424. I paid 1,648 in federal taxes. I'm single, no ... |
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 Should tax on gas be higher in the US? |
Please could you also say why you think yes or no. And if yes, what should the extra tax revenue be spent on, or which taxes should be cut to make up for it. thanks
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US ... |
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 I don't have taxable income, but i have a mortgage, how do i get a refund on the interest i pay i'm a d.a.v. |
| i'm a disabled veteran and on social security, can i file taxes on non taxable income and get a refund on interest i pay on my mortgage?... |
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 Who qualifies for a stimulus act 2008 refund? |
is there a certain age group, income amnt limit and / or minimum, that you have to be in to get it and when are they starting to send the checks?
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is there a certain ... |
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 Economic stimulus payments? |
| My last two numbers are 03 and I still haven't revceived my payment. Has anyone else?... |
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 Resident of Canada - 2006 Fiscal year Tax Return question. I din't file my 2005 Tax Return? Penalties? |
| I was travelling through Asia during 2005 and failed to file my Tax Return with Revenue Canada. I had no income for 2005. In 2006 I came home and started working, so now I am looking to file my 2006 T... |
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geomarathoner | Is my student loan interest deductible? |
student loan interest is taken as an adjustment to taxable income on the first page of 1040....but phased out at higher incomes. Is it then deductible somewhere else, like schedule A?? Or do you have to just eat that interest, the same as credit card interest?? |
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slipperypickle
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You will pretty much have to eat it. It sucks for me too. Bon appettite!!! |
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Judy1
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Yes, it phases out at certain income limits - these depend on your filing status. If you're above the limit, you can't just take it anywhere else either. |
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mattitude
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It would be deductible depending on how much you paid on your student loan that year, and you would have received a form by now from the state agency that handles the loans,for example,I paid 4,300 on my student loans this year and got back a form for the first time stating $955 of the interest is deductible...hope that helps! |
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abel jarrod
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For a very long time education has been an aspired to and sought after achievement by those less fortunate and as we move ahead in the infancy of the twenty-first century, the greater the need becomes for a higher, broader, more innovative and flexible qualification span that satisfies and matches the ever increasing job market demands. Competence rules the day and young people more than ever before, are forced to focus on planning ahead carefully for their academic and income oriented future. To study well and gain a good educational basis is a necessary ingredient in the world today and considered one of the most important decisions of our lives. Indisputably a degree is beneficial to those who understand how to implement it to their advantage and at reasonable cost.
While finding out what line of education to follow, the student is faced with another equally important issue that has to be calculated. Educational tuition does not always come at no financial cost and unless the student has the possibility to pay for tuition via family or job, they may find themselves having to start student life off by borrowing to cover these costs, depending on where the student is geographically located and what line of education they intend to pursue. Read more about it at: http://www.credit-card-gallery.com/article/83,Student_Loans_A_Help_To_Get_The_Education_Necessary_In_The_Demanding_World_Of_Today |
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The Weasel
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It should be deductible. Your loaner should send you a tax statement at the beginning of the year for the previous year. If you haven't received it you should call them. |
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joatman71
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Line 33 on form 1040 lists this as a deduction to your Adjusted Gross Income. This needs to be under $2500 and your adjusted gross income needs to be below $50,000.
There are more details at the link below |
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rhsaunders
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Munch, munch.... |
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