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Homeownership and  Your Taxes Isaias C. Sarmiento Financial Literacy Coordinator Quincy Community Action Programs, Inc.
Form 1040 (page 1) ,[object Object],[object Object],[object Object]
Form 1040 (page 2) ,[object Object],[object Object],[object Object],[object Object]
Your Tax ,[object Object],[object Object],[object Object],[object Object],[object Object]
Standard Deduction ,[object Object],Standard Deduction (2009) Filing Status $11,400 Married Filing Jointly $8350 Head of Household $5700 Single  Married Filing Separately
Itemized Deduction ,[object Object],[object Object]
How much in taxes will you save if you itemize? (Single people) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
How much in taxes will you save if you itemize? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
How much in taxes will you save if you itemize? (Married people) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
How much in taxes will you save if you itemize? (Married people) ,[object Object],[object Object],[object Object],[object Object],[object Object]
What qualifies as itemized deductions?   ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
What qualifies as itemized deductions?   ,[object Object],[object Object],[object Object],[object Object],[object Object]
Mortgage Interest and  Real Estate Property Taxes ,[object Object]
State Income Taxes ,[object Object],[object Object]
State Income Taxes ,[object Object],[object Object]
Charitable Contributions ,[object Object],[object Object],[object Object]
Unreimbursed Medical Expenses ,[object Object],[object Object]
Unreimbursed Employee Expenses ,[object Object]
Tax Planning ,[object Object],[object Object]
Tax Planning ,[object Object],[object Object]
First-Time Homebuyer Credit ,[object Object],[object Object],[object Object]
First-Time Homebuyer Credit ,[object Object],[object Object],[object Object]
Tax Credit Advance for FHA loans ,[object Object],[object Object]
Tax Credit Advance for MassHousing Loans ,[object Object],[object Object]
Energy Efficiency Tax Credit ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
IRS Resources ,[object Object],[object Object],[object Object],[object Object],[object Object]
IRS Resources ,[object Object],[object Object],[object Object],[object Object]

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Homeownership And Your Taxes

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