What kind of tax return can I expect to get back now that I pay mortgage interest?
Steve H asked: My wife and I just bought our first home in Los Angeles and I know that this coming tax year we can deduct mortgage interest and property tax. We both have full-time jobs, file jointly (both filed with 0 claimed dependants), and have a, before taxes, combined income of roughly $100k. The [...]
do i have to file city income tax for chicago?
beccan asked: I am originally from Ohio and I’m pretty sure we had to file city, state and federal taxes individually. In Chicago though I don’t know if I have to or not. I have filed federal and state but all of my searches online for city taxes have only turned up info for property [...]
How to report property taxes on tax refund when changed property during the year?
Vivalamitsu asked: We sold our house and bought another one in the middle of the year. What property tax amount should i report on my income tax return? The full amount of taxes for the new property or should I report the pro-rated amount I gave the buyer of my old property and the amount [...]
What is an occupational tax with regards to property taxes, besides school taxes, and property taxes?
. asked: What is this occupational tax, I am not working why do I have to pay it?
