Personal Finance Answers

I have a mortgage on one home, can I get a second mortgage to pay for another house?

admin — Tue, 20 Mar 2012 13:39:51 +0000

I’m planning to relocate, but current owe a mortgage for $50k. I also have a bankruptcy on my record thats a couple of years old. I’d like to find new home in the state I choose to live in. Would I be able to get a second mortgage or refinance my current home in order to pay for a new one?
(from Yahoo Answers)

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How do i get tax return when donating to charity ?

admin — Tue, 20 Mar 2012 13:39:47 +0000

I never donated clothes to Charity’s and recently found out that you can get tax returns. I have low income and usually don’t pay taxes, but get some money returned to me yearly, so will donating increase my tax return, or it works only for reduction of taxes some people have to pay? I am confused .
(from Yahoo Answers)

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TurboTax Deluxe Federal + E-file 2011 for PC

admin — Fri, 16 Mar 2012 14:34:22 +0000

Guides you step by step to get your maximum refund
Automatically double-checks your return for errors
Includes Audit Risk Meter which helps you reduce your chance of an audit
Guides you through changes in your tax situation and tells you what you can deduct to get your biggest refund
Includes Free Federal E-File
Free one-on-one expert tax advice live by phone or chat
Includes Free Federal E-File and the Audit Risk Meter, which helps you reduce your chance of an audit

Product Description
TurboTax Deluxe: Guides you step-by-step to maximize your deductions… More >>

TurboTax Deluxe Federal + E-file 2011 for PC

H&R Block At Home Deluxe + State 2011 Win

admin — Fri, 16 Mar 2012 14:34:20 +0000

Personalized tax advice
Maximize mortgage interest and charitable deductions
Sale of stocks, bonds, and mutual funds

Product Description
Guidance for all your personal tax situations. Federal forms and State forms. Step-by-step interviews guide you through a customized experience relevant to your tax situation. Everything you need to prepare your federal and state taxes in one complete program.Amazon.com Product Description
H&R Block At Home: Deluxe–Homeowners/Investors, Federal + State H&R Block At Home Deluxe is the right choice for those with more complex tax situations to easily compl… More >>

H&R Block At Home Deluxe + State 2011 Win

H&R Block At Home 2011 Deluxe + State

admin — Fri, 16 Mar 2012 14:34:19 +0000

Federal + state tax software for those with more complex tax situations
Ideal for homeowners and investors; customized interview process
Imports last year’s tax data from H&R Block At Home and TurboTax software
Accuracy Review checks returns to make sure they’re accurate and complete
Includes H&R Block tax expertise–plus H&R Block’s maximum refund guarantee

H&R Block At Home 2011 Deluxe + State

What is the maximum yearly contribution to 401k plans?

admin — Fri, 16 Mar 2012 14:34:17 +0000

The limit for a Traditional 401k is $15,500/year, and the limit for a ROTH 401k is $4000/year. However, this year I put $3000 in my Traditional, and $1500 in my ROTH 401K, and Turbotax says I am over my legal limit. There seems to be a conflict in the tax code, so I must be misunderstanding something. Even my payroller and retirement account company are confused.
(from Yahoo Answers)

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The Ernst & Young Tax Guide 2012: Preparing Your 2011 Taxes

admin — Fri, 16 Mar 2012 14:34:13 +0000

Product Description
Praised by the New York Times as the #1 choice among popular tax guides, this is the essential book for those who want to prepare their 2011 taxes themselves but seek guidance from a trusted brand to help navigate turbulent financial times.The guide’s Special Contents index for different types of tax payers ensures that readers in various financial situations will find advice pertaining specifically to them. Specific solutions for different taxpayers, includ… More >>

The Ernst & Young Tax Guide 2012: Preparing Your 2011 Taxes

J.K. Lasser’s Your Income Tax 2012: For Preparing Your 2011 Tax Return

admin — Fri, 16 Mar 2012 14:34:12 +0000

Product Description
America’s number one bestselling tax guide offers the best balance of thoroughness, organization, and usabilityFor over half a century, more than 39 million Americans have turned to J.K. Lasser for easy-to-follow, expert advice and guidance on planning and filing their taxes. Written by a team of tax specialists, J.K. Lasser’s Your Income Tax 2012 includes all the outstanding features that have made this book the nation’s all-time top-selling tax guide. It co… More >>

J.K. Lasser’s Your Income Tax 2012: For Preparing Your 2011 Tax Return

J.K. Lasser’s 1001 Deductions and Tax Breaks 2012: Your Complete Guide to Everything Deductible

admin — Fri, 16 Mar 2012 14:34:11 +0000

Product Description
A straightforward guide to taking tax breaks and deductions on your 2011 tax returnCompletely revised to reflect important changes in this year?s tax laws, J.K. Lasser?s 1001 Deductions & Tax Breaks 2012 will help you take advantage of every tax break and deduction that you may be entitled to. This comprehensive guide is clearly organized by subject matter so you can easily find situations that may apply to you.Each tax benefit is also clearly explained?along… More >>

J.K. Lasser’s 1001 Deductions and Tax Breaks 2012: Your Complete Guide to Everything Deductible

J.K. Lasser’s Your Income Tax 2012: For Preparing Your 2011 Tax Return

admin — Fri, 16 Mar 2012 14:34:11 +0000

J.K. Lasser’s Your Income Tax 2012: For Preparing Your 2011 Tax Return