ItalianScallion
Harley Rider
And my tax lady said the gov't won't accept the returns until the end of February Can we fire this gov't now???
Did anyone else have this happen?
Did anyone else have this happen?
And my tax lady said the gov't won't accept the returns until the end of February Can we fire this gov't now???
Did anyone else have this happen?
I didn't need to hear that. This year I have a deduction for a new HVAC system but I don't think that would have anything to do with the delay. Maybe it does but I don't see how.Really? Where did you go?
I filed my taxes, & my cousins, & friends two weeks ago. We all got notifications Friday that the IRS accepted our returns :shrug:
I didn't need to hear that. This year I have a deduction for a new HVAC system but I don't think that would have anything to do with the delay. Maybe it does but I don't see how.
She filled out the forms in her computer and it told her that they cannot be efiled until Feb 28. That's why I asked about it here.
Your Federal Return Has Been Accepted!
________________________________________
What this means:
Congratulations! TurboTax was able to have your return accepted early by the IRS. You're finished with your taxes.
Even though you've been accepted early, please note that the IRS does not begin processing refunds until January 30.
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...what was the reason given ?
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...
I will owe this year since the mortgage has been gone.Yet another reason why it is better to owe them than them owe you.
Buy a vacation/retirement home.I will owe this year since the mortgage has been gone.
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 will owe this year since the mortgage has been gone.
I paid mine off in 2007 and away went my itemizing.I will owe this year since the mortgage has been gone.
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...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...
Already in the works and already have the $$. Now to find the right place.Buy a vacation/retirement home.
Exactamundo! I continue to deposit the payment into my ING account twice a month. I will never finance another car or boat again.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...