Comments on: Ask the taxgirl: Credit Card Interest http://www.taxgirl.com/ask-the-taxgirl-credit-card-interest/ Paying taxes is painful... but reading about them shouldn't be. Tue, 16 Mar 2010 14:35:58 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Fix the Tax Code Friday: Personal Interest Deduction | taxgirl http://www.taxgirl.com/ask-the-taxgirl-credit-card-interest/comment-page-1/#comment-8744 Fix the Tax Code Friday: Personal Interest Deduction | taxgirl Fri, 06 Feb 2009 16:52:56 +0000 http://www.taxgirl.com/?p=1956#comment-8744 [...] too long ago, I answered an “ask the taxgirl” question about credit card interest on tax returns. It was surprising to hear that some folks still believed that personal interest was deductible - [...] [...] too long ago, I answered an “ask the taxgirl” question about credit card interest on tax returns. It was surprising to hear that some folks still believed that personal interest was deductible – [...]

]]> By: Howard McGowan http://www.taxgirl.com/ask-the-taxgirl-credit-card-interest/comment-page-1/#comment-7828 Howard McGowan Sun, 14 Dec 2008 20:10:00 +0000 http://www.taxgirl.com/?p=1956#comment-7828 A meant a schedule c A meant a schedule c

]]> By: Howard McGowan http://www.taxgirl.com/ask-the-taxgirl-credit-card-interest/comment-page-1/#comment-7827 Howard McGowan Sun, 14 Dec 2008 20:08:50 +0000 http://www.taxgirl.com/?p=1956#comment-7827 Maybe she could start a home business file a schuldule E and deduct the interest Maybe she could start a home business file a schuldule E and deduct the interest

]]> By: Ask the taxgirl: More on Interest | taxgirl http://www.taxgirl.com/ask-the-taxgirl-credit-card-interest/comment-page-1/#comment-7787 Ask the taxgirl: More on Interest | taxgirl Wed, 10 Dec 2008 03:41:58 +0000 http://www.taxgirl.com/?p=1956#comment-7787 [...] no. As I pointed out on a prior post, credit card interest is not deductible on your personal income tax [...] [...] no. As I pointed out on a prior post, credit card interest is not deductible on your personal income tax [...]

]]> By: Kelly http://www.taxgirl.com/ask-the-taxgirl-credit-card-interest/comment-page-1/#comment-7747 Kelly Sun, 07 Dec 2008 05:06:28 +0000 http://www.taxgirl.com/?p=1956#comment-7747 Thanks for the clarification. Thanks for the clarification.

]]> By: Taxdiver http://www.taxgirl.com/ask-the-taxgirl-credit-card-interest/comment-page-1/#comment-7738 Taxdiver Fri, 05 Dec 2008 23:06:52 +0000 http://www.taxgirl.com/?p=1956#comment-7738 Hi TG -- I'm a tax attorney in Minneapolis. Just a small correction. Reagan didn't actually propose to eliminate deductibility of consumer interest in his tax reform proposal. He would have capped it at $5,000 plus investment income. Congress (specifically the Senate) actually proposed elimination of the deduction during their deliberations. Hi TG –

I’m a tax attorney in Minneapolis. Just a small correction. Reagan didn’t actually propose to eliminate deductibility of consumer interest in his tax reform proposal. He would have capped it at $5,000 plus investment income. Congress (specifically the Senate) actually proposed elimination of the deduction during their deliberations.

]]>