Archive for the ‘deductions’ Category
I have been getting a lot of questions lately about the new car sales tax deduction that people can claim for cars bought in 2009. A lot of people are getting ready to do their taxes, and they’re wondering if they qualify for the tax deduction.
In the interest of answering some of the most common questions about the deduction, I thought I’d do an updated Q & A right here.
New Car Sales Tax Deduction Facts
Fast facts about the sales tax deduction, who is eligible, how to claim it and more:
Related Websites -
Medical and Health Insurance Premiums: Finding Deductions As we age and pay off our mortgages, it seems that baby boomers and retirees are less likely to itemize deductions. On the other hand, this stage in our lives can introduce new sources of deductions that we may not think of. One cost category where we may overlook deductible...... -
First-Time Home Buyer Tax Credit Recently I visited my condo building for the grand opening weekend. I was not allowed to see my unit as the unit itself was not complete, but more importantly the third floor was not completed. The grand opening was the first time I was allowed to see the inside of......



