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| Consumer & Financial Affairs Warn others about scams or provide tips on saving a few bucks. Seek advice on investments--stocks, mutual funds & 401k's. Where's the best best place to bank? |
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| | #11 |
| Harley Rider Member Since: Mar 2007 Location: Waldorf
Posts: 7,450
| I just found out that it is because of the Residential energy credits as Kwilla stated. I guess this stupid gov't never had these requests before...
__________________ Everything Obama likes, fails. Good thing he hates America ![]() Remember; you can't get fire insurance after the fire Study the Bible now!! There will be a test later |
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| | #12 |
| Thats how them b*tch's R Member Since: Jul 2005 Location: Chaptico
Posts: 2,404
| So I received my mortgage interest statement which has form 1098 listed and one from CSM listed as form 1098-t. Are these the form #'s to look for on the list from the IRS? Just want to make sure before I potentially waste my time getting my taxes done. TIA. |
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| | #13 | |
| Gen Univ Roleplaying Sys Member Since: Nov 2012
Posts: 4,274
| Quote:
![]() Sorry for your problems, I will still be filing shortly I would have filed already, but ADP dicked up the W2's by not properly accounting for pretax medical deductions all yr so while I will get a larger return, I could have gotton more money in my pay check all yrar | |
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| | #14 |
| Registered User Member Since: Dec 2012
Posts: 543
| Yet another reason why it is better to owe them than them owe you. |
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| | #15 | |
| Obama destroyed America Member Since: Mar 2005 Location: Silence!! I throw shoe at you!
Posts: 23,430
| Quote:
I will owe this year since the mortgage has been gone.
__________________ Oh Baby, Roses are red Grass is greener When I think of you I touch my wiener "Participating in a gun buyback because you believe that the criminals have too many guns is like having yourself castrated because you believe that the neighbors have too many kids." | |
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| | #16 |
| Cruise Director Member Since: Nov 2003 Location: Cruiseville
Posts: 24,675
| Buy a vacation/retirement home.
__________________ A reply from you to this message will not be possible. I can't have an adult conversation w/ you in this environment anyhow. "You croc wearing, fake coach bag wearing fake tanner you. Take that." ~ Author unknown "Love your haters - they're your biggest fans." "You know you are absolutely f'ing amazing when people you don't even know hate you." |
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| | #17 |
| n/a Member Since: Sep 2002
Posts: 40,806
| What you end up paying in additional taxes will still be less on the overall cost of interest on a mortgage so you are still coming out ahead. It's like folks chosing to have a baby so they can get another deduction... no way that is cost effective...
__________________ I believe in helping people who can’t help themselves. I do not believe in helping people who can help themselves. Instead of putting them on the dole, put them on the payroll. Charlie Daniels |
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| | #18 |
| Harley Rider Member Since: Mar 2007 Location: Waldorf
Posts: 7,450
| I paid mine off in 2007 and away went my itemizing. ![]() Absolutely! I don't see how anyone falls for the line that "you should always keep a mortgage". I used to pay $1100 a month for the mortgage. $800 of that was interest, $250 was Tax & Insurance and $75 went to the principal. So @ $12,000 a year was deductible but I only got about $3,000 of it back. That means @ $9,000 was lost. Some benefit to having a mortgage...
__________________ Everything Obama likes, fails. Good thing he hates America ![]() Remember; you can't get fire insurance after the fire Study the Bible now!! There will be a test later |
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| | #19 |
| Obama destroyed America Member Since: Mar 2005 Location: Silence!! I throw shoe at you!
Posts: 23,430
| Already in the works and already have the $$. Now to find the right place.
__________________ Oh Baby, Roses are red Grass is greener When I think of you I touch my wiener "Participating in a gun buyback because you believe that the criminals have too many guns is like having yourself castrated because you believe that the neighbors have too many kids." |
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| | #20 | |
| Obama destroyed America Member Since: Mar 2005 Location: Silence!! I throw shoe at you!
Posts: 23,430
| Quote:
__________________ Oh Baby, Roses are red Grass is greener When I think of you I touch my wiener "Participating in a gun buyback because you believe that the criminals have too many guns is like having yourself castrated because you believe that the neighbors have too many kids." | |
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