Results 1 to 15 of 15

Thread: when does.....

  1. #1

    when does.....

    owning/buying a home help you on your federal tax return?

    i dont see any benefit on my return.......

  2. #2
    SoonerFans.com Elite Member SoonerInKCMO's Avatar
    Location
    Back in tha OKC.
    Posts
    7,002
    vCash
    500

    Re: when does.....

    Mortgage interest deduction?

    Of course, if you don't have other deductions and your interest is less than the standard deduction, it probably doesn't help.
    We have always known that heedless self-interest was bad morals; we know now that it is bad economics. FDR.

  3. #3

    Re: when does.....

    Quote Originally Posted by SoonerInKCMO
    if you don't have other deductions and your interest is less than the standard deduction, it probably doesn't help.
    ahh, that would explain it.......only paid on the house for 5 months this year
    thanks.

  4. #4
    Sooner All-World StoopTroup's Avatar
    Location
    Waxing On...Waxing Off
    Posts
    65,324
    vCash
    500

    Re: when does.....

    Why do Employers make such a big deal when you just make it on-time to work everyday when they mail your W-4 to you on the last day of the month every year?

  5. #5
    SoonerFans.com Elite Member Widescreen's Avatar
    Location
    NINJABREAD MAN!
    Posts
    15,089
    vCash
    500

    Re: when does.....

    Quote Originally Posted by StoopTroup
    Why do Employers make such a big deal when you just make it on-time to work everyday when they mail your W-4 to you on the last day of the month every year?
    W-2. Mine mailed mine out on 1/9. Not bad.

  6. #6
    Sooner All-Big XII-2-1+1-1+1 bigdsooner's Avatar
    Location
    broken arrow
    Posts
    2,145
    vCash
    500

    Re: when does.....

    Quote Originally Posted by StoopTroup
    Why do Employers make such a big deal when you just make it on-time to work everyday when they mail your W-4 to you on the last day of the month every year?
    do as i say, not as i do

  7. #7
    SoonerFans.com Elite Member sooner_born_1960's Avatar
    Location
    In a van, down by the river.
    Posts
    7,121
    vCash
    900

    Re: when does.....

    I should be getting mine any day now.
    Real Name: Mark

  8. #8
    Stayatworkdad yermom's Avatar
    Location
    Nomran
    Posts
    48,866
    vCash
    500

    Re: when does.....

    i know they were processing ours last week, could be here anytime

  9. #9
    Sooner All-World StoopTroup's Avatar
    Location
    Waxing On...Waxing Off
    Posts
    65,324
    vCash
    500

    Re: when does.....

    If it's late...they should have to pay all my taxes for the year.

    I'm writing my Congressman.

  10. #10
    SoonerFans.com Elite Member Sooner_Bob's Avatar
    Location
    North of Waterloo
    Posts
    19,113
    vCash
    500

    Re: when does.....

    Quote Originally Posted by sooner_born_1960
    I should be getting mine any day now.
    same here . . .

  11. #11
    Not Exactly Right soonerbrat's Avatar
    Location
    Downtown
    Posts
    10,146
    vCash
    500

    Re: when does.....

    haven't gotten mine yet

    i guestimated on my tax return so i could go ahead and get my refund. i'll have to do an amended one later and i'll probably get a little more money back.
    Whenever a boy comes you should always have something baking.

  12. #12
    SoonerFans.com Elite Member Mjcpr's Avatar
    Location
    Tulsa, OK
    Posts
    31,841
    vCash
    500

    Re: when does.....

    Your property taxes are deductible as well, jk.

  13. #13
    SoonerFans.com Elite Member Widescreen's Avatar
    Location
    NINJABREAD MAN!
    Posts
    15,089
    vCash
    500

    Re: when does.....

    Quote Originally Posted by Mjcpr
    Your property taxes are deductible as well, jk.
    And in Texas, that's a sizeable amount. Still with only 5 months in his house, it may still not be enough to itemize.

  14. #14
    SoonerFans.com Elite Member OU-HSV's Avatar
    Location
    The Burbs
    Posts
    8,019
    vCash
    500

    Re: when does.....

    We bought our house in January '05, so this will be my first year to see how beneficial pwning a home is compared to renting..I'm hoping for some tax refundage after I got raked over the coals last tax season. (Plus I'll get the child credit for our baby boy.)

  15. #15
    Ready for Baseball Season tulsaoilerfan's Avatar
    Location
    Henryetta
    Posts
    9,034
    vCash
    500

    Re: when does.....

    Quote Originally Posted by jk the sooner fan
    owning/buying a home help you on your federal tax return?

    i dont see any benefit on my return.......
    Wait till next year and you should probably see a pretty good benefit on it

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •