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Examples of Items to Report as Other Income

portion of any of your HSAs as security for a loan at any time in 2013 See Pub. 969 page 9 Amounts deemed to be income from an HSA because you did not remain an eligible individual during the testing period. See Form 8889 , Part III. Prizes...

Form 1099-A : Acquisition or Abandonment of Property

the Federal section select Income >> Enter Myself >> Other Income >> Cancellation of Debt (1099-C). Certain lenders who acquire an interest in property that was security for a loan or who have reason to know that such property has been abandoned...

Delaware Subtractions from Income

or which are NOT guaranteed by the full faith and credit of the United States is not exempt from tax. (Examples are shown below) Examples of INTEREST THAT IS NOT EXEMPT: Federal National Mortgage Association (Fannie Maes) Federal Home Loan...

Vermont Subtractions from Income

form or certification statement from unit that all training was completed during the calendar year. Student loan repayment can be taken only if the amount is included in your adjusted gross income. Enter the repayment benefit made under 10...

Tax Tips for Students and Parents Paying College Expenses

for an eligible student if your modified adjusted gross income is below $80,000 ($160,000 if married filing jointly). Student Loan Interest Deduction - Generally, personal interest you pay, other than certain mortgage interest, is not...

Injured Spouse Allocation Form (Form 8379)

of the refund. The following debts apply for this purpose: Past-due federal tax Child or spousal support Federal non-tax debt ( such as a student loan ) State income tax If the IRS has applied the injured spouse's refund against the spouse's...

Lump-Sum Social Security Payments

of IRA contributions, student loan interest expense, foreign earned income exclusion, foreign housing, U.S. tax exempt bonds and interest, employer-paid adoption expense and domestic production activities deduction. Your AGI can be found...

What is a HUD-1 Statement?

700-703 Sales & Realtors Commissions Basis Basis 801 Loan Origination Fee Deductible as itemized deduction (points) Amortized over term of mortgage 802 Loan Discount Deductible as itemized deduction (points) Amortized over term of mortgage...

Please explain all of the deductions that are available related to my home.

Mortgage Interest Paid: Generally, any interest that you pay on a home mortgage can be deducted on your return as long as 1.The proceeds from the mortgage were used to buy, build, or improve your home; AND 2.The loan is secured by your...

North Dakota Subtractions from Income

Banks Federal Land Banks Federal Savings & Loan Insurance Corporations Student Loan Marketing Association Note : Do not enter on this line interest income from securities of the Federal Home Loan Mortgage Corporation (Freddie Mac), Federal...