Welcome Guest. Register Now!  


Itemized Deductions Schedule-A


 
 
LinkBack Thread Tools Search this Thread Display Modes
Prev Previous Post   Next Post Next
  #1 (permalink)  
Old 05-29-2008, 12:17 AM
Junior Member
 
Join Date: May 2008
Posts: 1
Deduction of EMI of Housing Loan

Dear Sir,

I am co-applicant of housing loan with my son. Can my son get deduction of entire principal & interest in his return since I do not need 50% of such principal and interest for my own return as my income fall within exempted limit without housing loan deductions.

P.K.Sen



Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Reddit! stumble!bookmark in google!Share on Facebook!
Reply With Quote
 



Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Foreign Earned Income & Housing Exclusions for 2008 TaxGuru For 2008 2 02-26-2010 12:44 PM
How does one qualify for Foreign Earned Income Exclusion & Foreign Housing Exclusion? TaxGuru Miscellaneous 0 05-06-2008 04:42 PM
LLC Payday Loan Company awoolsey Limited Liability Company 1 03-24-2008 02:30 PM
Home Equity Loan emc2005 Itemized Deductions 2 03-06-2008 10:34 AM
LLC Payday Loan Company awoolsey Limited Liability Company 1 02-03-2008 06:59 PM

Follow us on Facebook Follow us on Twitter Google Buzz Rss Feeds

» Categories
 
Individual
 » Income
 » IRA/Sep
 » Medical
 
Corporations
 » Payroll
 
Forum for CPAs
 
Financial Planning
 
 
 

» Recent Tax Q&A
No Threads to Display.