TAXBILLY

Well said Mel. A lot of good thoughts to ponder. taxbilly

Add to the 4th. No worksheet required. taxbilly

I also had the same problem a few days ago but now it's gone. taxbilly

Don: You said that the Taxwise program has a line dedicated to taxes for the principal residence. Does it also have a dedicated line for other re taxes such as on investment property because that also should flow to the additional tax deduction? taxbilly

BT: The foreign re tax which is deductible only on Schedule A is not limited to a personal residence. You can have a foreign investment property re tax. Dan: The local and state re tax that is in addition to the standard is not a flat $1000 for MFJ if the actual tax is lower. taxbilly PS to Catherine: More information than you want to know department ... I'm in my shorts today since my office is in my home and there is no one coming over. After all it is 75 here in sunny Florida!

Jainen's statement is correct. He is only saying that if you have a foreign re tax it would only be deductible on Schedule A and would not be deductible under the new option of re tax added to the standard deduction. The re tax that can be deducted if you don't itemize is the lower of the tax or $500 ($1000 if MFJ). taxbilly

Someone objected to the birthday salutes so I stopped posting them. But in the spirit of the holidays I might just take on the job again. :~) taxbilly

My cousin got in from Sewell, NJ this afternoon. I guess I should go outside and bring him in now that the sun is down. He should be thawed out and ready for some Johnny Walker Black, strictly for medicinal purposes :~) taxbilly

http://www.taxwise.com/company/press-13.html taxbilly

It's 74 and a beautiful day here in sunny Florida; a great day to be alive! taxbilly

KC & Eric: Thanx for keeping this board running smoothly. taxbilly

Happy Holidays and Merry Christmas to everyone. taxbilly

Now available on the IRS website. taxbilly

That's true. They are two different products. UPS delivered it yesterday. taxbilly

My receipt specifically refers to the Quickbooks Pro 2009 version and not the Premier Accountant version. taxbilly

Got mine just now. taxbilly

Just label it NT. taxbilly

He's baaack! taxbilly

Thanx for the heads up. taxbilly

Being out of stock may not mean necessarily that you could not order it. I would try anyway. taxbilly

Staples is offering quickbooks 2009 free today, Monday December 22nd, only. For details check out http://www.staples.com taxbilly

Not to rub it in (but I will) it's 70 here in sunny Florida, after all it IS winter :~) taxbilly

May you have many more! taxbilly

Thanx for the heads up. taxbilly

unless you are a lawyer I would refer them to one. taxbilly