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owning a home and tax return

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mrsjpierre
LIF Infant

Member since 10/07

263 total posts

Name:
cindy

owning a home and tax return

This will be our first year to claim taxes on a home:) what exactly am I claiming? I've heard .......interest, oil bill?????????car note?

Posted 11/23/07 9:19 AM
 
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MegZee
My bunny

Member since 5/06

8777 total posts

Name:
Meaghan

Re: owning a home and tax return

if you itemize your deductions, you can write off the interest you have paid.

and your property taxes.

If you work from home, you usually can write off elec, heat, etc.

Also, if you have done certain home improvements you can write off (I believe if you got new windows that are a certain efficiency you can write off some of the cost, but I have to double check with my acct)

Posted 11/23/07 9:21 AM
 
 

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