Profile picture for irishmcbrideale

I am buying a house now and want to know when I should declare it on my taxes?

  • February 08 2009 - Columbus
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Answers (2)

Profile picture for BobPhillipsRE
Here's a trick that might come in handy.  While you can't start taking deductions and credits until you file your 09 taxes next year, you can start increasing your withholding deductions with your employer, this year - immediately.That should increase your "take home" pay this year, and the write-offs or deductions you receive on your taxes next year should offset the added income you've received.  Almost like getting an early raise.
  • February 17 2009
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not a tax adviser, but...

pretty much whatever you do in the current tax year (2009) will go on your 2009 taxes when you file them the following year (2010)

as far as this current housing credit...i noticed when i did my taxes this year, there was a question asking about this.
  • February 09 2009
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