How do I report bank interest on part-year resident forms?
Posted on March 15, 2010
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I moved from NY to CA in 09/2006. My question is about how to report bank interest income on the state income tax forms. Do I need to determine how much interest was earned from my bank accounts during the period when I lived in each state? I imagine that the interest income needs to be reported somewhere. Do I need to use my statements to figure out exactly how much was earned in each location?
What is the interest rate usually on a medical loan?
Posted on March 15, 2010
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I am being charged 9% interest on a hospital/ medical debt. I thought that interest for medical debts were low like student loans? 1% to 4%?
How do I adjust the interest deduction for my second mortgage?
Posted on March 15, 2010
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My second mortgage is $150k. I understand that one can only deduct the interest paid on the first $100k. Is this correct, and if so, would it be reasonable for me to just leave off 1/3 of the interest, when making the deduction (for last year I made interest only payments)?
What will the interest paid to banks on mortgages do for you when filling taxes in the United States?
Posted on March 15, 2010
Filed Under Uncategorized | 5 Comments
I bought a house about a year ago and I just recieved a form from the bank stating the amount of interest paid for the year. I found out that the bank is virtually reping us up. The interest taken for the year is five times the amount that goes towards the loan it self. Do you recieve anything back from this when filling taxes, or is there any way to go about it to reduce that big cake taken by the bank for no good reason?
How do you calculate the interest for Compound Interest?
Posted on March 15, 2010
Filed Under Uncategorized | 2 Comments
We’re doing this in math class, and I keep getting it wrong. On the equation sheet is says I = Prt, but that’s only for simple interest. I tried that formula for compound interest too, but I kept getting the wrong answer.
Unless the answers at the back of the textbook are wrong. . . Again.
What determines the interest rate for repayments on a mortgage?
Posted on March 14, 2010
Filed Under Uncategorized | 5 Comments
In the US, after the initial low interest rates a few years ago, why did interest rates rise which caused borrowers to default on their mortgage repayments?
Thanks Jason, but I’m interested in finding out why exactly did those interest rates fluctuate?
translate this please please !!!?
Posted on March 14, 2010
Filed Under Uncategorized | 3 Comments
ok well i want to know what are they talking about and translate this in english
i hope someone can me help me out ! well here it is there two people
writing eachother in portuguese iguess plz help!!!
1. Haja forca heim Lu!!rsrsrsrsrs
2. Rssrsrssrsr nossa! Hoje foi Ele que me levantou! Nem queria sair da cama! Rsrsssrs mas agora estou feliz! Estou trabalhando com pessoas maravilhosas! Eu amo meu chefe! Rsrsrssr
3. ama teu chefe ne?. . . . rsrrsrs sei sei. . . . . primeiro, procure o reino de Deus, e as demais coisas serao acrescentadas!!!! (exato). . . . .
4. Como assim. . sei? Eu amo meus amigos, sei diferenciar as formas do amor! Rssrsr ele eh uma pessoa muito especial! Rsrsrs
5. great LU!!!! rsrrsrsrrs lol
How can I lower the interest rate on my student loans?
Posted on March 14, 2010
Filed Under Uncategorized | 5 Comments
I owe about 35,000 in stafford student loans (17,500 subsidized and 17,500 unsubsidized and want to lower the interest rate. Right now it is at 6%. I’m still in school but at the current rate I am being charged about 3. 00 a day interest on the loans that the the government isnt paying the interest on. I’ve heard of consolidating but I don’t really know how it works or where I should go to begin or even if I can consolidate since I’m still in school. Help!
could someone tell me a really good way to deal with this? plz!?
Posted on March 14, 2010
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i don’t get it i mean i really like this kid and i think that he likes me too and i think that we keep getting in trouble cause we don’t think about anything but ourselves when were together. i don’t know what to do i want to stop getting in trouble but i want to stay with him we aren’t dating(even though i want to) i don’t want to get i him in anymore trouble cause if he does then he’s going to get out of school. both of us are on the bball team and this wendsday there is a game and boys and girls have to ride together and i don’t know if i wanna talk to him or not. i need some help! shoudl i leave him alone (i think he’s the one), shoud i keep talking to heim? what should i do????????? if you answer this will you please give me a couple examples! thanks for helping! i apperciate it! again THANK YOU!!!
Tax on joint interest income for couples living in different states?
Posted on March 14, 2010
Filed Under Uncategorized | 1 Comment
I live in CA and my wife lives in NJ. We have a joint account with a CA credit union. Now CA only taxes the interest of CA residents. Since my wife’s non-CA income also contributes to this interest, how should I split it for tax purposes?
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