Elrod Posted August 3, 2016 Report Posted August 3, 2016 Late last week, the IRS exacerbated the marriage penalty by offering a very large reward for unmarried taxpayers who co-own a home: double the mortgage interest deduction available to married taxpayer. MORE: http://www.forbes.com/sites/anthonynitti/2016/08/01/irs-increases-marriage-penalty-unmarried-cohabitants-to-get-twice-the-mortgage-interest-deduction/#5ede428914c8 1 Quote
Richcpaman Posted August 8, 2016 Report Posted August 8, 2016 That is the law. Its a good decision. Rich Quote
Abby Normal Posted August 8, 2016 Report Posted August 8, 2016 "In an illustration of how multiple smart people can look at the same set of facts and reach a different conclusion, late last year the Ninth Circuit reversed the Tax Court’s holding" Laws are rarely clear. Quote
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.