2007 income was low so don't need the mortgage int deduction for 2007 tax. Can I take this deduction in 2008?
Answers: Mortage interest deductions can't be rolled over into the next year.
No.
Has anyone have trouble getting an RAL from H and R Block?
My boyfriend just go and did his taxes at H and R block. They gave him a card and said to check contained by the morning and his refund money should be on it. I did a G00GLE check out and saw a bunch of people hold had problems. Would anyone here please share their experiences? He really wants the money now because he have to take a train to work within a different state tomorrow afternoon.Answers: My husband and I only have a problem with it this year with the sole purpose because he owed some back taxes from a few years ago. So I'm sure your boyfriend will be fine unless he owes any money.
It's simply a really expensive loan -- he just of late skip it anyway. If he absolutely can't do in need the money, your credit card is probably a better deal than the H&R Block loan.
Can you clam taxes on a house you don't own but live contained by?
I live in a house owned by my mom but she presently lives in Mexico and don't clam anything on the house. I reward for the whole house from taxes payments to insurance and the house salary it's self. Any and all repairs I compensate for, my name is no where on earth on any of the paper work of the house. I know for a reality that she will not vlam the house.Answers: Only the person who's given name is on the mortgage can claim the deductions, regardless who in reality pays for it.
I'm sorry.
Only the person who properly owns the property can claim a deduction for property taxes.