Ask Me Help Desk

Ask Me Help Desk (https://www.askmehelpdesk.com/forum.php)
-   Taxes (https://www.askmehelpdesk.com/forumdisplay.php?f=320)
-   -   Which form do I use? (https://www.askmehelpdesk.com/showthread.php?t=186598)

  • Feb 21, 2008, 10:06 AM
    aaronw
    Which form do I use?
    I just bought a house in dec 2007 I don't know if I have been in the house long enough to file long form?
  • Feb 21, 2008, 10:23 AM
    xphelper
    See here: Your Home as a Tax Shelter: Top Ten Tax Deductions for Owning Your Home
  • Mar 7, 2008, 12:14 PM
    AtlantaTaxExpert
    Probably not for 2007.

    The reason is simple: the interest in terms of points and loan origination fees and the real estate taxes paid for 2007 are NOT higher than the standard deduction.

    For 2008, you will get to itemize and claim a full year of mortgage interest and real estate taxs, but NOT for 2007.

  • All times are GMT -7. The time now is 10:17 AM.