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Quick question about doing taxes....are we supposed to bring anything with us if we sold/bought a home last year?

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Mommy2Boys
My Boys!!!!

Member since 6/06

14437 total posts

Name:
C

Quick question about doing taxes....are we supposed to bring anything with us if we sold/bought a home last year?

Posted 1/25/07 9:27 PM
 
Prudential Douglas Elliman Real Estate
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Blu-ize
Plan B is Now Plan A

Member since 7/05

32475 total posts

Name:
Susan

Re: Quick question about doing taxes....are we supposed to bring anything with us if we sold/bought a home last year?

bring your interest statement from your buy. Your mortgage satisfaction paperwork if you have it yet. Sometimes that takes a while.

Posted 1/25/07 9:30 PM
 

jerrysgirl
I love my hot dog!!

Member since 6/06

5357 total posts

Name:
E & J

Re: Quick question about doing taxes....are we supposed to bring anything with us if we sold/bought a home last year?

you should get a 1099 mortgage statement for the interest expense you paid. also this statement might have the real estate taxes paid on it.
also if you sold a house that you lived in for 2 out of 5 years you and your spouse get 250,000 exempt from the sales - cost.

if you have any more q's or don't understand you can fm me.

Posted 1/25/07 9:34 PM
 

Mommy2Boys
My Boys!!!!

Member since 6/06

14437 total posts

Name:
C

Re: Quick question about doing taxes....are we supposed to bring anything with us if we sold/bought a home last year?

Just found both my statements from the co-op I sold and the house we bought. DH threw it in a pile on the counter and I never went through it Chat Icon

Message edited 1/25/2007 9:54:48 PM.

Posted 1/25/07 9:54 PM
 
 

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