More may get hit with tax for 'rich'
Story date: 2007-10-20 08:46:00
Added on: 2007-10-21 09:00:18
Omaha World-Herald - IRS instructions then flag certain higher-income taxpayers to calculate the tax again, this time using the AMT method. The taxpayer starts with adjusted gross income and claims deductions only for mortgage interest and charitable contributions. From ...
Read more...
Related Stories:
-
Tax-form typo could cost homeowners (The Santa Rosa Press Democrat)
You know tax-filing season is off to a rough start when the government tells taxpayers: Don't follow the instructions....
2008-01-12 03:41:29 -
UK Q4 new landlord instructions fall, first decline since 1998 - RICS (The Forex Market)
LONDON (Thomson Financial) - More evidence that the credit crunch is damaging UK buy-to-let activity emerged today, as a survey showed the...
2008-03-05 04:23:49 -
Advice to wring most out of 2007 tax breaks
Akron Beacon Journal - Taxpayers with a yearly adjusted gross income of $100,000 or less can deduct their mortgage insurance premiums from...
2007-12-25 09:27:00 -
Year in review | Some tax breaks ending
The State - Mortgage insurance deductions: Taxpayers with a yearly adjusted gross income of $100,000 or less can deduct their mortgage insurance...
2007-12-26 08:28:00 -
Some California tax forms contain error
Los Angeles Times - Taxpayers could miss claiming their home mortgage interest, points, mortgage insurance premiums and investment interest, the board said....
2008-01-16 04:22:00 -
FACTBOX-U.S. presidential candidates' ideas on economy
Forbes - The other $30 billion would go toward helping low-income families hit by the mortgage ... Romney wants to permanently cut...
2008-01-18 09:56:00 -
New red flag rules to stem ID theft (Bankrate.com via Yahoo! Finance)
By Nov.1st, financial institutions must comply with new federal red flag rules designed to thwart ID thieves....
2008-08-14 03:00:00 -
Could you have to pay AMT?
Kane County Chronicle - Taxpayers must calculate their payments under the regular income tax system and the AMT, and then pay whichever...
2007-12-14 03:56:00
