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- Path: sparky!uunet!plsparc!surendra
- From: surendra@plsparc.UUCP (Surendra Goel)
- Newsgroups: misc.taxes
- Subject: Itemized Deductions (First Time Home Buyer)
- Keywords: First, Home, Buyer, Itemized, Deductions, 1992
- Message-ID: <445@plsparc.UUCP>
- Date: 22 Jan 93 13:39:38 GMT
- Organization: Personal Library Software Inc., Rockville MD
- Lines: 20
-
- Hi,
-
- Ex-president Bush introduced a bill for $5000 tax credit for the first
- time home buyer. Was this bill ever passed? If the bill was passed then how
- much can you deduct in one year?
-
- I know that I am allowed to get the deductions for the following:
- Points paid to the lender
- Real Estate Tax
- Interest paid to the lender
- State Income Tax
- Local/County/Property Tax
- Charity contributions
-
- Is there any other item which can be deducted?
-
-
- Thanks for any help.
-
-
-