Posts Tagged ‘credit faq’

Irs Tax Credit Faq

FDIC Proposes to Fine Republic $2 Million for RALs

The Federal Deposit Insurance Corp. has proposed a $2 million fine against Republic Bank & Trust Co. after the bank tried to coach tax preparers using its refund anticipation loan products on how to respond in case the FDIC visited them.

Tax Tips: Earned Income Tax Credit 2011


Home Buyer Credit Faq

Question: First-Time Home Buyer Tax Credit?

Background info: http://www.federalhousingtaxcredit.com/faq.php

Can I claim a house I bought this year (2009) on my 2008 taxes or do I have to wait until next year???
Thanks, Helen. I am aware of the repayment. I just wasn’t sure if i’d be allowed to claim for this year since it’s purchased in 2009.

Answer: You can claim the credit on your 2008 return. Remember, you have to pay it back, it is more like a loan then a credit.

Helen, EA in PA

LG Optimus One Preview & Sale FAQ

Due to insistent demand, we had to squeeze in this little Optimus One preview and personally asked reps from LG Philippines regarding the mechanics of the sale tomorrow. Here’s what we got so far. The sale was intended by LG as a way for the consumers to get a taste of an Android-powered handset at [...] Related posts: Sale Vote: LG Optimus One vs. Nokia C6 So okay, it’s obvious that Nokia’s …

Income, Credit & Home Loans: Buying a House : Private Mortgage House Insurance (PMI) Tips


Great Tax Credit Books
Free Tax Credit Filing Help