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Feb 10th
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Deductibility of Taxes Paid on House Settlements E-mail
In late 2005 I sold house A and purchased house B. In each transaction I
paid recordation and transfer taxes, but did not think to itemize these
taxes as deductions.
Am I entitled to deduct all of these taxes on both house transactions? If
so, are they itemized on line 8 of Schedule A (Other Taxes)? Can I still
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  • Newsflash
    AP - More than 3 million people will have to wait until February to get their tax refunds because of Congress' late fix to the alternative minimum tax, the IRS said Thursday.
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