0
What else can I help you with?
Is interest paid IRS on delinquent taxes deductible?
No, personal interest is never deductible, regardless of who it is paid to.
Are interest and dividend taxes paid in New Hampshire deductible on the Federal Schedule A?
Yes.
Why do you use an after tax figure for cost of debt but not for cost of equity?
Because interest is a tax-deductible expense for the firm, but dividends paid to shareholders are not.
Is bank interest rate on savings tax deductible?
No. Interest payments, whether from banks or other sources are taxable unless some special provision applies. For example, interest paid on an Individual Retirement Account (IRA) and remaining in the IRA, and not taxable at all.
Is preferred stock dividends tax deductible?
No, preferred stock dividends are not tax deductible for the issuing corporation. Unlike interest payments on debt, which can be deducted from taxable income, dividends paid to preferred stockholders are considered a distribution of profits and are not deductible. This means that the corporation pays taxes on its earnings before distributing dividends to preferred stockholders.
Is interest paid IRS on delinquent taxes deductible?
No, personal interest is never deductible, regardless of who it is paid to.
Is Interest paid to debt collectors tax deductible?
no
Is the interested paid on a back spousal support payment tax deductible?
Personal interest is not tax deductible
Are interest and dividend taxes paid in New Hampshire deductible on the Federal Schedule A?
Yes.
Is interest paid on the mortgage of your home tax deductible?
Well it depends on what kind of mortgage.
Is home equity tax-deductible?
The equity in your home is not a tax deduction. The interest paid to banks for a home equity line of credit or loan may be tax deductible.
Can you apply unclaimed interest paid on student loans during the 2006-2007 tax season on your 2008 tax return?
Interest on student loans isn't deductible - regardless of when paid or accrued.
Is interest paid on a non-business SBA disaster loan tax deductible?
Normally yes! Provided the home is used as collateral.
WHEN health insurance deductible?
WHEN WHEN when is health insurance deductible paid when? When?
Who is the deductible paid by?
The deductible in a person's health insurance policy is paid by the owner of the policy. This means that the person who purchases the policy is responsible for the deductible fees.
Why do you use an after tax figure for cost of debt but not for cost of equity?
Because interest is a tax-deductible expense for the firm, but dividends paid to shareholders are not.
How are loans taxed?
Loans are not taxed because they are not considered income. However, the interest paid on loans may be tax-deductible in certain situations.
