Just wanted to make sure everyone was aware that if you pay property taxes but are unable to itemize your deductions, you have the opportunity to increase your standard deduction by the lower of $500 (if single and $1,000 if married) or actual taxes paid.Answer Question
Asked by Anonymous at 8:41 AM on Jan. 17, 2009 in Money & Work
Answer by JeremysMom at 8:51 AM on Jan. 17, 2009
Answer by Anonymous at 9:06 AM on Jan. 17, 2009
Thank you so much! I am doing my taxes right now and you were a tremendous help.
Answer by JeremysMom at 9:15 AM on Jan. 17, 2009
Answer by gemgem at 9:34 AM on Jan. 17, 2009
You should be getting something from your mortgage company if your taxes are included with your payment or however else you pay it so you can file them.
Answer by Anonymous at 10:17 AM on Jan. 17, 2009
Answer by shayjmom at 2:51 PM on Jan. 17, 2009