Employee Tax Expert
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CPA, CGMA with over 20 years experience
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You can only deduct what is listed as a percentage of the loan. So the 0.275% fee, yes you can deduct it. The Origination Fee, you can't deduct, unless it is al...
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You can use your property tax bill or tax assessment to determine the value of the land. The value on the bill or assessment won't be accurate, but you can take...
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You cannot deduct your rent. It doesn't matter if you are a student or not. If you bought a new vehicle in 2025 that was assembled in the United States, you can...
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Whether or not you can deduct the property tax "paid" at closing depends. If some or all of the tax was to set up your escrow account, that is not deductible, a...
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Since you were married on December 31 you have to file as MFJ or MFS. As a US Citizen or a Resident Alien, you have two choices in filing your taxes.Option 1Tre...
Activity Feed for DavidD66
- Posted Re: On my Home Loan disclosures, under section "A. Origination Charges" there is a line for "0.27... on Deductions & credits. yesterday
- Posted Re: Co Op Land Value on Home loans. yesterday
- Posted Re: can I deduct my car loan interest and rent I pay for school housing? on Education. yesterday
- Posted Re: I bought a home in 2025. On the mortgage closing documents, I paid $6,000 in taxes. On my 109... on Deductions & credits. yesterday
- Posted Re: My wife is a Thai Citizen without SSN. Return keeps insisting on SSN. Advice? on Get your taxes done using TurboTax. yesterday
- Posted Re: Is militarry retirement pay qualified? on Retirement tax questions. yesterday
- Got Cheered for Re: Form 1099-B was issued with blanks in the Date acquired (1b) & Cost basis (1e), however softw.... yesterday
- Got Cheered for Re: Excess RMD for 2025. yesterday
- Posted Re: My 1099-B has various for a purchase date but my state, PA, doesn't allow that and TurboTax w... on Retirement tax questions. yesterday
- Posted Re: Excess RMD for 2025 on Retirement tax questions. yesterday
- Posted Re: Form 1099-B was issued with blanks in the Date acquired (1b) & Cost basis (1e), however softw... on Retirement tax questions. yesterday
- Posted Re: How do I know if my Group Medicare Advantage Plan is a HDHP? on Deductions & credits. yesterday
- Posted Re: when i get multiple forms 1098, how do I determine the mortgage interest i can deduct? on Deductions & credits. yesterday
- Posted Re: I graduated college 5/2025. I was on my parents HSA plan all year. I started a job and got my... on Deductions & credits. yesterday
- Got Cheered for Re: LSSC( (Lightning Shared Scooter Co.) Investment. yesterday
- Got Cheered for Re: Line 13a Contributions. yesterday
- Got Cheered for Re: Form 8453 has box checked for mailing Form 8949. yesterday
- Posted Re: How do I upload my W-2C on my amended federal without filling out all the information again? on After you file. yesterday
- Posted Re: If I get passive income (not work related) from Morgan Stanley Structured notes and I enter I... on Get your taxes done using TurboTax. yesterday
- Posted Re: Line 13a Contributions on Get your taxes done using TurboTax. yesterday