The Federal Tax Credits Blog

Housing Tax Credit Stimulus Bill

admin — Fri, 30 Jul 2010 16:49:45 +0000

Question: Stimulus eligibility for new home buyer?I recently bought a house in July of 2008, and I understand that Bush passed a law that gave a $7500 tax credit/loan to new home buyers. The loan would be repaid over 15 years and it would come out of your taxes. With Obama’s new stimulus, [...]

Housing Tax Credit Stimulus Bill is a post from: The Federal Tax Credits Blog

Targeted Job Tax Credit

admin — Fri, 30 Jul 2010 16:14:50 +0000

Question: Why do Republicans like to borrow and spend?Republicans like to say “i want to cut your taxes” Then when your back is turned they take out the federal credit card and borrow over a trillion dollars. For some reason they never offer a plan to pay any of the money back. Ane we accept this style of [...]

Targeted Job Tax Credit is a post from: The Federal Tax Credits Blog

Dependent Care Tax Credit Fsa

admin — Fri, 30 Jul 2010 12:05:26 +0000

Question: Flexible spending (cafetieria plan) option: Good or bad?I signed up for a dependent care FSA this year. The total amount available per calendar year is $5000.00 and I chose the whole amount. I get paid weekly, so, I have $96.15 taken out of each paycheck. My son’s daycare is $145 per week. I know that [...]

Dependent Care Tax Credit Fsa is a post from: The Federal Tax Credits Blog

Irs Energy Tax Credits 2008 Windows

admin — Thu, 29 Jul 2010 18:00:34 +0000

House Session 2010-04-13 (19:35:01-20:35:48)Irs Energy Tax Credits 2008 Windows is a post from: The Federal Tax Credits BlogTags: energy, green, house, tax, taxesRelated posts Tax Credits For Hybrid Cars 2010 Tax Credit Seer Tax Credit Insulation Irs 2009 Tax Credit Air Conditioner 2009 Tax Credit Air Conditioner 2008 Prius Tax Credit 2008 Irs Tax Credits For Appliances

Irs Energy Tax Credits 2008 Windows is a post from: The Federal Tax Credits Blog

Home Buyer Credit 6500

admin — Thu, 29 Jul 2010 08:38:18 +0000

Question: I bought a home in January 2009. Do I qualify for the $6500 credit now under consideration?I am not a first time home buyer.Answer: It’s for those who purchase after December 1, 2009, and who have owned a home for five previous years. Sorry!Nov 2009 Home Buyer Tax CreditHome Buyer Credit 6500 [...]

Home Buyer Credit 6500 is a post from: The Federal Tax Credits Blog

6500 Tax Credit

admin — Thu, 29 Jul 2010 06:00:52 +0000

Question: Another question about the $6500 tax credit…?One question that I have been unable to find the answer to is… How long will you be required to maintain the new residence as your primary home after purchasing? Or is there any provision in place? A friend that took advantage of the $8000 the 1st go [...]

6500 Tax Credit is a post from: The Federal Tax Credits Blog

Renewable Energy Credit Market

admin — Tue, 27 Jul 2010 14:12:18 +0000

Question: What Are Some Pros and Cons of Different Organizations that Assist With Purchasing Renewable Energy Credits?There are two organizations that I have been considering: 1) LiveNeutral (www.liveneutral.org); and 2) Native Energy (www.nativeenergy.com). Some issues that I am considering are: 1) non-profit vs. for-profit; 2) credits purchased from the Chicago Climate Exchange (CCX) vs. credits created [...]

Renewable Energy Credit Market is a post from: The Federal Tax Credits Blog

Federal Tax Credit Car Purchase

admin — Tue, 27 Jul 2010 03:34:34 +0000

Question: Filing married for first time, husband in Army, i worked only 2 months from oct – dec 08, bought a house and?a rv. bought the house in july 08, the rv in dec 08. im a german national and didnt have a ssn until august, then started working in oct-dec, i only paid 68 [...]

Federal Tax Credit Car Purchase is a post from: The Federal Tax Credits Blog

College Tax Credit Stimulus

admin — Mon, 26 Jul 2010 07:32:31 +0000

Question: I got screwed out of my stimulus because I am over 17 make over 3k but I’m claimed from my parents.?My parents claimed me while I am in college to try to get a tax break…I am 21 years old have my own home which I have a mortgage for…I go to school 20 [...]

College Tax Credit Stimulus is a post from: The Federal Tax Credits Blog

First Time Home Buyer Credit Process

admin — Sun, 25 Jul 2010 19:26:34 +0000

Question: What is the best way to start the home buying process for first time buyers with little or no credit?I live in GA and I am looking for a home in Douglasville. How do I start the loan approval process?Answer: In order to find out the type of loan programs you are qualified [...]

First Time Home Buyer Credit Process is a post from: The Federal Tax Credits Blog

Homeowner Tax Credit Eligibility

admin — Sun, 25 Jul 2010 19:04:18 +0000

Stop piling up U.S. debt President Obama’s economic policies have failed — in the short and long terms. Our financial meltdown occurred primarily because banks and households incurred too much debt — much of it backed by worthless collateral.Smart Homeowners Know When To Refinance with David BachHomeowner Tax Credit Eligibility is a post from: [...]

Homeowner Tax Credit Eligibility is a post from: The Federal Tax Credits Blog

Canada Disability Tax Credit Amount

admin — Sun, 25 Jul 2010 06:31:08 +0000

Question: Disability Amount Transfer?I received a letter from Revenue Canada letting me know my daughter has been approved for the Disability Tax Credit she was born in Sept 2006 and recently diagnosed with Autism the letter states that because I did not have any taxable income from 2006-2008 the disability amount will not result in [...]

Canada Disability Tax Credit Amount is a post from: The Federal Tax Credits Blog

Tax Credit Wiki

admin — Sat, 24 Jul 2010 17:04:44 +0000

Question: Why do you think a former Bush economic advisor is arguing for a carbon tax?At yesterday’s Deals & Deal Makers Conference in New York, Glenn Hubbard, the Columbia Business School Dean and former Bush administration economic adviser, argued in favor of a carbon tax. http://blogs.wsj.com/energy/2007/06/28/hubbard-argues-for-a-carbon-tax/ Hubbard supports either a carbon tax or a carbon cap and [...]

Tax Credit Wiki is a post from: The Federal Tax Credits Blog

Education Tax Credit 2009 Stimulus

admin — Sat, 24 Jul 2010 11:39:11 +0000

Question: Obama’s plan to help college students pay for school?I’m working on a budget for myself and trying to figure out how I can afford college. I’m one year into a four year program for Elementary Education. My grandmother has told me that Obama has some plan to help out college students. I’ve tried to [...]

Education Tax Credit 2009 Stimulus is a post from: The Federal Tax Credits Blog

Residential Tax Credits

admin — Sat, 24 Jul 2010 05:41:39 +0000

Question: How messy is your room/home office/home workspace right now and why?No matter how much I toss I can’t seem to make any headway, I am this close to just throwing it all out! It is either keep it all or toss it all. You never know what to save anymore – pefect example – [...]

Residential Tax Credits is a post from: The Federal Tax Credits Blog

Nv Energy Credit Rating

admin — Fri, 23 Jul 2010 14:44:06 +0000

Companies Plan $4.5 Billion of Debt as New Sales Surge: New Issue Alert Companies are marketing $4.54 of debt after the busiest day for new U.S. dollar issuance this month.SmarTrend Weekly Wrap Up: May 14, 2010Nv Energy Credit Rating is a post from: The Federal Tax Credits Blog No tags for this post. Related posts Sorry, no [...]

Nv Energy Credit Rating is a post from: The Federal Tax Credits Blog

Homebuyer Tax Credit Extension October

admin — Fri, 23 Jul 2010 07:57:59 +0000

Tax credits spur May home sales Warmer weather and seasonal trends, combined with the end of the federal homebuyer tax credits, drove completed home sales up 24 percent locally from April to May, but the bottom fell out of pending sales, which plummeted 33 percent after first stage of the credit expired.First Time Home Buyer Tax [...]

Homebuyer Tax Credit Extension October is a post from: The Federal Tax Credits Blog

Tax Credit Current Homeowners

admin — Fri, 23 Jul 2010 06:22:27 +0000

Question: regarding the 6,500 tax credit for homeowners.?We purchased our home in July of 2006. We sold our previous home in which we lived for 7 years. Not sure if our current home would qualify, or if the purchase had to be this year. Do we qualify for the 6,500 credit? We know we do [...]

Tax Credit Current Homeowners is a post from: The Federal Tax Credits Blog

Working Tax Credits Rates

admin — Thu, 22 Jul 2010 19:58:29 +0000

Question: Question????I live with my partner who works full time for minimum wage and we get child tax credit and working tax credits both at the high rate. I am going to start working part time 3 hours a week, 100 pounds a month. Would I have to pay tax on this 100 a month and would [...]

Working Tax Credits Rates is a post from: The Federal Tax Credits Blog

Child Tax Credit Abroad

admin — Thu, 22 Jul 2010 17:03:45 +0000

Question: For my child that lived abroad with my parents, can I claim child tax credit and dependent?My daughter spent most of the last year with my parents abroad. We did provide support for her living cost. Can we claim her as our dependent? Can we claim child tax credit? Thanks!Answer: [...]

Child Tax Credit Abroad is a post from: The Federal Tax Credits Blog