Tax Laws

Guide  

Guide  

Q&A
Asked by scottytheone1973
Q&A
Asked by an anonymous user
Answered by David Skow
Mortgage Professional in Seattle , WA
As long as the HELOC is in the first mortgage position you should be able to write off the interest, but double check with a CPA or accountant for your specific situat...
Guide  

Q&A
Asked by listlej
Answered by Jeffrey Schneider
Tax Professional
The down payment is not a deduction, same for any business asset. However, the cost of the asset multiplied by the business usage. However, if you do not use the car ...
Q&A
Asked by cavener
Answered by Jeffrey Schneider
Tax Professional
Your age is not relevant. you may deduct gambling losses only if you itemize your deductions on Form 1040, Schedule A and kept a record of your winnings and losses. Th...
Ask a pro a question
Have your question answered by a professional
Characters remaining: 140
$firstLetter
Asking as: $ss.eas.userParams.displayName
Sign in to MoneyTips
By submitting you agree to our Terms of Service
Free MoneyTips Membership!

Get FREE, full access to MoneyTips.com