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Can property taxes paid 2007 for 2006 be deducted for 2006 taxes?
Wiki User
∙ 16y ago
No. In the U.S., individual taxpayers are generally considered "cash basis" -- that is, we claim income the year in which we receive it, and expenses the year in which we pay them. So, property taxes paid during 2007 for any year are deductible only on a 2007 income tax return.
Wiki User
∙ 16y ago
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Can state and local taxes paid in 2007 for tax year 2006 be deducted for 2007 taxes?
Yes, provided you are itemizing deductions (schedule A).
Can federal taxes paid in 2007 for tax year 2006 be deducted for 2007 taxes?
No. Federal taxes are never deductible from Federal taxes! (Even if you paid them the year they were due. Certainly paying them in a later year won't produce a benefit).
How to obtain dollar amount of property taxes for commercial property for the year 2007?
You will need to visit your local county courthouse to get the property taxes paid for commercial property from the year 2007.
What county has the highest property taxes in Illinois?
As of 2007, Lake County has the highest property taxes in Illinois
Can 2006 taxes be filed with 2007 taxes?
No, each year has to be filed separately
Paid cash for your home 119271.71 where does this amount go on your taxes for 2007?
Purchasing a house is not tax-deductible.You can deduct mortgage interest (which you do not have) and property taxes. If you received a property tax credit from the seller, which appears on the settlement sheet from your closing, you must net that against any taxes you paid during 2007. If there was any credit for taxes due in 2008, net that portion of the credit against property taxes you pay in 2008 to figure your deductible portion.
Can additional federal taxes paid in 2007 for tax year 2006 modify your state taxes for 2007 taxes?
No. While State taxes are a deduction to Federal income and hence may change your tax due to the Feds, your Federal tax does not effect your State taxes in any year.
How will they calculate my homestead rebate for NJ if I lived and owned a home in NJ in October 2007 make under 100k and paid taxes from June 2007 when I bought the house through December 2007?
because the Homestead rebate website says it's based on taxes accessed in 2006, but i did not own the house in 2006.
Is gasoline tax deductible on a 2007 individual federal tax return?
No, typically property taxes, real or personal, and taxes paid to states/localities are deductible as a Schedule A Itemized Deduction.
You owe 6000.00 in taxes from 2007 and will get a refund of 3500.00 this year will you get to keep the refund?
If you still owe that money, your refund will probably just get deducted off your taxes.Read more >> Options >>http://www.answers.com?initiator=FFANS
What actors and actresses appeared in Kopciuszek - 2006?
The cast of Kopciuszek - 2006 includes: Aleksandra Bednarz as Natalia (2006-2007) Filip Bobek as Maks Janusz Chabior as Maciej Furman (2006) Pawel Czajor as Zbyszek (2006-2007) Ireneusz Czop as Walczak (2006-2007) Hanna Dunowska as Tarnowska (2006) Barbara Dziekan as Danuta (2006-2007) Sylwia Gliwa as Agnieszka (2006-2007) Mateusz Janicki as Lukasz Tarnowski (2006-2007) Diana Kadlubowska Aleksandra Kisio as Ewa Krystyna Kolodziejczyk as Jadwiga Monika Kwiatkowska as Blanka Bienkowska- Klecka (2006-2007) Janusz Michalowski as Kazimierz (2006-2007) Joanna Moro as Sandra (2006-2007) Anna Nehrebecka as Bozena (2006-2007) Andzelika Piechowiak as Kamila Kubicka (2006-2007) Malgorzata Pieczynska as Elzbieta Kowalczyk (2006-2007) Marek Pituch as Koperek (2006) Piotr Polk as Konrad Kowalczyk Przemyslaw Redkowski as Radek (2006-2007) Joanna Sienkiewicz as Burmistrz Kalinowa (2006-2007) Katarzyna Skrzynecka as Anna (2006-2007) Grzegorz Stosz as Szymon Lukasz Sztandara as Dominik Kubicki (2006-2007) Ewa Telega as Natasza (2006-2007) Krystyna Tkacz as Miroslawa Kowalczyk (2006-2007) Katarzyna Trzcinska as Marzena Lorenc (2006-2007) Ziemowit Wasielewski as (2006-2007) Mariusz Witkowski as Jacek (2006-2007) Katarzyna Zielinska as Renata
We used H and R Block in 2006 and will be using them in 2008 so can I get an anticipation loan now?
Assuming that you have a refund coming, yes, you should be able to get an anticipation loan when doing your taxes in December of 2007 for the 2007 tax year.
