Any Tax Experts? - GoFuckYourself.com

DirkPitt · 03-16-2005, 12:24 AM

I own a home with my brother. If he wants to use the 1040ez and take the standard deduction can I declare all the mortgage interest?

European Lee · 03-16-2005, 12:25 AM

http://www.hrblock.com or http://www.irs.gov ;)

Regards,

Lee

mal · 03-16-2005, 12:28 AM

someone is going to jail

BV · 03-16-2005, 12:29 AM

you can declare whatever you want, penalties are a bitch though.

logic tells me your entitled to claim half of the mortage interest, your brothers standard deduction technically covers the other half

spunkmaster · 03-16-2005, 12:30 AM

Yes if he doesn't claim any of it !

Do not claim rent for your office though it sends up a flag
to the iRS !

$5 submissions · 03-16-2005, 07:52 AM

Try http://www.sbsuite.com

psili · 03-16-2005, 07:54 AM

Declare 9 on your W4s. Especially if you're single. Always.

Or sign up to TurboTax or the like and use the program for free to figure out what you can and can't do. You only have to pay when you submit / print.

MandyBlake · 03-16-2005, 08:54 AM

you know who the best tax expert is?
an ACCOUNTANT!

03-16-2005, 12:24 AM	#1
DirkPitt Confirmed User Join Date: Sep 2002 Location: Mars Posts: 357	Any Tax Experts? I own a home with my brother. If he wants to use the 1040ez and take the standard deduction can I declare all the mortgage interest? __________________ Thanks, Kit

03-16-2005, 12:25 AM	#2
European Lee Confirmed User Join Date: Dec 2002 Location: Daytona Beach Posts: 7,133	http://www.hrblock.com or http://www.irs.gov ;) Regards, Lee __________________ YOUR TRAFFIC IS SAFE WITH US - CONDOM CASH PUTTING THE GAY ADULT INDUSTRY ON YOUR PC!! AFFORDABLE 2257 COMPLIANT GAY + BI CONTENT

03-16-2005, 07:52 AM	#6
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03-16-2005, 07:54 AM	#7
psili Confirmed User Join Date: Apr 2003 Location: Loveland, CO Posts: 5,526	Declare 9 on your W4s. Especially if you're single. Always. Or sign up to TurboTax or the like and use the program for free to figure out what you can and can't do. You only have to pay when you submit / print. __________________ Your post count means nothing.

03-16-2005, 08:54 AM	#8
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03-16-2005, 12:28 AM	#3
mal Confirmed User Join Date: Dec 2003 Posts: 1,899	someone is going to jail

03-16-2005, 12:29 AM	#4
BV wtf Industry Role: Join Date: Sep 2001 Location: Bikini State, FL USA Posts: 10,914	you can declare whatever you want, penalties are a bitch though. logic tells me your entitled to claim half of the mortage interest, your brothers standard deduction technically covers the other half

03-16-2005, 12:30 AM	#5
spunkmaster Confirmed User Join Date: Jan 2004 Posts: 2,052	Yes if he doesn't claim any of it ! Do not claim rent for your office though it sends up a flag to the iRS !