Tag Archives: tax breaks

Helping Son Pay College Loans

Today TaxMama hears from Jack in the TaxQuips Forum who is bursting with pride over his son. “We are in more of a position to help my graduating son financially than when he started 3.5 years ago. He’s very sharp with investments. So we’re looking for ways to develop these skills while building cash to […]

Property Tax For NonItemizers

Today TaxMama hears from Sethu in the TaxQuips Forum, who is angry. “For the 2009 tax year the non-itemizers (those who used standard deduction) could add up to $1,000 to their regular standard deduction if they paid real estate taxes greater than $1,000. I do not see that provision for the tax year 2010. When […]