 Direct Deposit? |
We filed on January 27th electronically. The irs.gov website said our refund would be deposited feb 9th. We didn't get it. Is the website usually accurate or could their be a problem?
A... |
|
 Are the below info. true or not, concerning the story of winning notifications, PLEASE Guide me !!!!? |
Name: THAMES BONDS
TEL.: +447045715005
+447045726461
FAX: (+44)7092870230
(+44)7005930625
Company: INLAND REVENUE BOARD UK
UNITED KINGDOM
BOARD OF... |
|
 Expatriate 23 years from the UK how can I claim UK benefits, what , how much? |
| I am 54 years old . I am an expatriate from the UK for 23 years never living there or working there since 23 August 1984. I now live in Philippines and I am married with Pilipino wife who only has P... |
|
 What do i have to do to report someone to the irs for using a child they had no permission to use? |
| my childs father did not have permission to use my child on his tax returns and he claimed my child anyways is there anyway that i can report his *** to the ... |
|
 How much child support should I pay? |
| I make a little over $100k in salary; my ex makes $46k. Currently. I'm paying $15k/year. She claims my daughter on her taxes. All I do is pay, tax, child support. Despite the salary, there�... |
|
 Taxes...last year filing? |
| I didn't file taxes last year b/c I didn't make enough money. Can I file last year's income on this year's taxes?... |
|
 I bought a new condo in January; and now the OWNER is asking me to pay HIM property taxes...? |
| The owner said that the city hasn't assessed our individual units yet, so he paid the taxes on the entire building and now wants us to pay him back. We don't even know how he came up with ... |
|
 Religion and taxes question...? |
| Why aren't "religions" made to show where the money they take in is going? All those TV evangelists are multimillionaires. I would like to see the laws changed so they are forced to ... |
|
 How much will i get back in tax return? |
| I live my husband and my 8 yr. old son. I was the only one that worked last year. My daughter just turned 18 in April of last yr. and would like 2 know if i can receive credit for her? My total was 1,... |
|
 What is 49.00 plus tax? |
Additional Details
and take 30% ... |
|
 Will I get my paper check early too? Stimulus package...? |
| Do those of us getting paper rebate checks get them early too? It says they will start sending them on May 9th but is there a schedule posted anywhere?... |
|
 Would I get a better tax benefit if I had a baby before the new year, after the new year or does it not matter? |
| My wife and I are having a debate and the date of birth is optional for us due to a slight complication. We have the option of having the birth late Dec (08) or early Jan (09). Which month/year of ... |
|
| Claiming tax back? |
| I have come over from Zimbabwe to work here, i started work in March and will be ending in Nov, will i be able to claim any tax back when i leave the UK? If so how do i go about it?... |
|
 Does the Obama and Biden Tax breaks come into effect right away for 2008 taxes? |
I was wondering if President Obama's tax breaks will come into effect for those filing 2008 Tax Returns.
Thank you.... |
|
|  |
rand a | Mortgage tax break? |
Is it really a smart thing to not pay off the mortgage because you get to deduct the interest on it? I dont see what the point of paying out extra money to the bank just to not pay some taxes to the govment. Is it a financial thing gain or just the principle of not paying taxes that will probably be wasted and misused?
Additional Details
i just read the mistakes men made too, before i asked this question, but i was wondering what one of those situations would be. If you pay if off its like a guarenteed return, isnt it? |
 |
 
Michael W
|
for 99.99 percent of all cases, it's better to pay your mortgage off ASAP. The only way it would be smarter otherwise is if you had a rediculously low mortgage rate (like 3%) and you can get consistent, guaranteed investment returns much higher than that amount.
In the real world, the tax deduction isn't enough to cover the thousands of dollars in interest, even if you are at the top of the tax bracket.
Bottom line, when you pass away, give the heirs of your estate a home, not a loan obligation. Pay off your mortgage and any equity loans as fast as possible. |
|
sirade1
|
You are correct, in general this is not a sound idea financially. That being said I am sure that there are certain situations which come up which could make a difference, and have it be worthwhile to not pay off the mortgage as quickly as you can. |
|
Diane D
|
The deductions can be real helpful because it can lower your earned income into a lower tax bracket. It is the only debt most people incur where the interest is fully deductable
But if you have a lot of extra cash, go for it. Pay it off. |
|
Dorothy
 |
I say it's better to pay it off faster if you can. Sure you save money on your taxes by having a mortgage, but you are paying more money to the bank with the mortgage. |
|
robertsfixes
|
Pay it off early is smart. Besides, i don't know if you can deduct all the interest on the loan. Pay out a dollar so you can get 50 cents back? Does not seem like a good deal to me. |
|
Ladybugtjc
 |
I just read this thing on the top 5 mistakes men make with money, but I am sure it can apply to all-- and this was # 2---
2. Not paying off the mortgage early.
Men tend to hate this idea. They love leverage, especially when it comes with a nice tax break from Uncle Sam. At the same time, most women will tell you the one security blanket that would make them feel safest is knowing they would always have a home to live in.
An alarming 46 percent of women respondents to a recent survey sponsored by Allianz Life Insurance Company of North America said that the prospect of becoming a "bag lady" weighs heavily on them. Women view their home as shelter; men view it as a tax shelter. So who's right?
Well, if you're living in a home you intend to stay in and are at least 50, I think paying off the mortgage early is one of the smartest moves you can make. For security, plain and simple.
Yes, you give up the tax break of being able to deduct the mortgage interest, but you also give up the responsibility of making a monthly mortgage payment. That's a huge weight off your financial shoulders in retirement.
My advice if you are 50 or over is to scale back on your 401(k) contributions so you invest just enough to get your company match. Then use the extra money that will show up in your paycheck -- yes, even after the fact that it's taxed -- to accelerate your mortgage payments.
Will you end up with less in your 401(k)? Of course, but you'll need a lot less because you won't be stuck paying your mortgage once you retire. |
|
Prakash
|
http://www.hot8sites.com/mortgage/getting-a-mortgage-quote-online.html |
|
giggs_11_sin
|
THATS YOUR PROBLEM!!!!! |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
7 | 7 minutes(s) ago
| | | |
8 | 8 minutes(s) ago
| | | |
8 | 28 minutes(s) ago
| | | |
8 | 49 minutes(s) ago
| | | |
8 | 50 minutes(s) ago
| | | |
8 | 56 minutes(s) ago
| | | |
8 | 3 hour(s) ago
| | | |
8 | 4 hour(s) ago
| | | |
8 | 6 hour(s) ago
| | | |
8 | 11 hour(s) ago
| |
|
Homepage 
Financial
Forum 
Taxes 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
