Taxes Questions and Answers

I have a 1099 that is 2500, how do I file it. I received from deposit money selling a home. Not self emploment




Answers: see instructions to form 1040, page 8 + 9

answer depends on the type of 1099

Do I stipulation to enter both 1098 forms on my taxes from my old-fashioned mortgage and refiance mortgage company?

I have interested from the first one and intersted from the second one? Do I have need of to enter both on my taxes, or just my current company in a minute?


Answers: If you have surrounded by fact compensated interest to both you can deduct adjectives mortgage interest paid to both.

Does anyone know how to use form 8880? If I put $2797 into retirement do I put that down on line 6 or $2000?




Answers: You put the amount of the contribution on line 1 or line 2, as appropriate. Sub-total through line 5 then you'll end up entering $2,000 on line 6.

Edit: Yes, $2,000 is the max on line 6 (per person)

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