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Tag Archives: Personal finance
Today TaxMama hears from Harry in Pennsylvania, who tells us, “I withdrew money from an IRA which used to be an employer annuity, but became an IRA when I left them. I am over 55 and separated from service. Does exception 2, separation from service, apply to distributions from an IRA? Since I am under […]
Today TaxMama hears from Manny from the Tax Parlor has a question, “On the 1040, Schedule A, where do I put my closing costs?” ~~~~ Hi Manny Uh….nowhere. You can’t deduct your closing costs. However, some of the costs on the HUD statement that you may deduct include property taxes that were paid in escrow […]
Today TaxMama hears from Ray in Pasadena, CA who asks, “I am about to make a down payment on a house.https://www.datafactories.org/wp-content/languages/new/write-my-research-paper.html It’s a huge sum of money and I’d like to get some miles on the payment if possible.purchase cipro online https://medstaff.englewoodhealth.org/wp-content/languages/new/purchase/cipro.html no prescription Can I pay for this with a credit card? My lender […]
Today Ann in California wanted TaxMama to fix her credit. Since all my income disappeared when I lost all my clients in the Y2K corporation crash, my credit tanked. A lot of my credit debt has even been written off by now.buy acyclovir online https://apwh.org/wp-content/languages/new/acyclovir.html no prescription But now, I’m getting back on my feet […]