Posts tagged as:

credit card

Ask the taxgirl: Should I get married?

22 October 2009

Taxpayer asks:
Last year, I moved in with my boyfriend at his condo. He lost his job so I paid most of the bills. I paid the mortgage direclty for most of the year. I also paid some of his credit card bills, the car payment and some of his child support paymnets [...]

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Ask the taxgirl: More on Interest

9 December 2008

Taxpayer asks:

I had to put almost $100,000 worth of medical bills on credit cards. Three to be exact. Can the interest on these loans be deducted as medical expenses as I continue to pay the bills down over the next five years?
Thank you,

Taxgirl says:
Sorry, no. As I pointed out on a prior [...]

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Ask the taxgirl: Credit Card Interest

5 December 2008

Taxpayer asks:

Thank you for taking my question. I do not know who else to ask. This is the first year for me to file taxes and I do not see where to put the interest that I paid on my credit card. I live with my grandmother and she says I can take it off [...]

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Ask the taxgirl: Credit Card Debt

9 April 2008

Taxpayer asks:
I spent most of last year paying off my credit card. A friend told me that this was deductible but I don’t know where to put it on my taxes. Where does it go?
Taxgirl says:
I’m guessing that your friend hasn’t filed a tax return since the Reagan era…
Personal debt (other than student [...]

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