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Replies to #408 on Taxes (TAX)

omegahpla

12/29/09 1:14 PM

#409 RE: ypsiCPA #408

So if I itemize in general for other income, I should be able to itemize for investment income also, correct? Or are they separated?
(I get not to put Real Estate Income and Investment Income on the same form).

I won't need to worry about itemization much this year lol, low income, but I was worried about capitol gains on a few hundred bucks I made, not counting expenses, knocking the refund total down by a hundred or two.

I can probably hash a lot of the rest of this out on Turbo Tax though. Now that you have me basically understanding the ins and outs. I guess the cheap one probably won't work this year though.

Thank You Much ypsiCPA ... you've saved me significant stress, and probably a certain amount of insanity : )