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finance charge

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15y ago

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I claimed the first time home buyer tax credit what should i expect on this year's taxes?

Its an 8000 dollar tax credit. that's the max you can get. its 10 percent of what you paid. So if your house was 50,000 you get 5,000 in tax credit. So take the amount you paid x .1


What is the dollar amount limit you can access on a home equity line of credit?

amount depends on your credit score and the amount of equity you have in your home.


What is the difference between a foreign tax credit and a foreign tax deduction?

A foreign tax credit reduces the amount of tax you owe dollar for dollar based on the foreign taxes you've paid. A foreign tax deduction reduces your taxable income, which can lower your overall tax bill but not as directly as a credit.


What is The dollar amount you pay to use credit?

Finance Charge


What does the idiom 'top dollar' mean?

The highest amount paid for


What is the highest amount paid for a 2 dollar bill?

225.00


What would offset your tax liability in a direct dollar for dollar manner and could actually increase your tax refund beyond the amount paid during the tax year?

Tax credits directly offset your tax liability on a dollar-for-dollar basis, which can significantly reduce the amount you owe. Certain refundable tax credits, such as the Earned Income Tax Credit (EITC) or the Child Tax Credit (CTC), can even result in a tax refund that exceeds the amount of taxes you paid throughout the year. This means that if your tax credits surpass your tax liability, you could receive a refund for the difference, effectively increasing your overall refund.


When the policy owner specifies a dollar amount in which installments are to be paid he has chosen which settlement option?

Fixed Amount


Will you have to pay the full amount?

Creditors trying to get you to pay the full amount of a loan. That they paid pennies or a dollar for. What law can, I use to pay the amount. The debt collector paid to get the loan.


What is the total dollar amount a person pays to use credit?

finance charge


What dollar amount is considered a felony on financial credit card fraud?

2000


When paying a settlement is the credit score different if the credit report states 'paid' 'paid in full' or 'settled for less than original amount'?

yes, the credit score is affected. The people pulling your credit look at it this way, they want to know if you paid back what you borrowed with no problems, if there was a problem, or if they settled on a different amount, which means they took a loss. What would you rather see if you pulled a credit report on someone?