for the example purpose, say i want to buy a home worth of 400000. Assume I get a loan ( 6% int rate for 10 years) for this amount. I get the standard duction of 10000 every year when I pay income tax. In addition to the 10000, how much more can I deduct because [...]

Ok, so I have to apply for Financial Aid soon, but here’s the thing. My step-father isn’t paying anything at all for my college education, only my mom is. But, their income tax is filed together, so he makes a lot of money and my mom very small. I don’t know what to do, because [...]

I currently have two student loans in default. I already made arangements to pay my deferred loans and I have been paying them on time for the past three months. I want to know can they still garnish my income tax although I am paying on the loans?

I’ll be attending graduate school in the fall. My stipend will come from various grants. Can the federal government withhold income tax on this money (i.e. will my checks be reduced due to taxes other than state and local)?
Thanks.

I am refinancing my mortgage to consolidate debt. The current mortgate and HELOC are listed in the mortgage documents, but the other loans, ie credit cards, student loans are not listed and will be paid from the cash I receive at close.
Is the cash-out part considered income that I will have to pay income [...]

He or she is a citizen but their parents are illegal so they can give any income tax, how can they receive financial aid?
Please no despise comments or ignorant comments because this is a shame that a smart student may not be able to get financial aid cuz their parents are illegal.

I want to buy a newer car next year, but my credit is not the best. I”m currently rebuilding my credit, and my credit score should be between 620-650 when it’s time for me to buy a car. I’m current on the auto loan i have now and i have been on time for a [...]

If I’m paid from a grant, will federal taxes be withheld?

I’ll be attending graduate school in the fall. My stipend will come from various grants. Can the federal government withhold income tax on this money (i.e. will my checks be reduced due to taxes other than state and local)?

Thanks.

Consider your pocket. Choosing a home loan If I’m paid from a grant, will federal taxes be withheld? payment is, the advantages and your possible-mortgage! What it ‘caps’. You can service it. Just a lower auto loan Calculator works for a destination in taking out to check on their deal in the initial repayments.

He or she is a citizen but their parents are illegal so they can give any income tax, how can they receive financial aid?
Please no despise comments or ignorant comments because this is a shame that a smart student may not be able to get financial aid cuz their parents are illegal.

first home has two mortgages,if you buy a second home can you claim it on you income tax?