Posted by K Effective on January 29, 2016 at 18:19:47 from (162.235.236.141):
In Reply to: TAX TIME posted by Mike M on January 29, 2016 at 13:14:47:
Well, Dave MI, what's the secret to getting the most out of college tuition as a deduction? Two working parents, (one grotesquely overpaid) working hard to lose a little on the farm every year (on paper), no mortgage but respectable charitable giving, property taxes, etc to deduct. Both boys earn a little in the Summers, not nearly as much as their tuition (especially the one in Grad school). It seems better to take the dependent deduction for me rather than let them be on their own and able to claim more tuition. Is it just the curse of being semi-successful?
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Today's Featured Article - A Lifetime of Farm Machinery - by Joe Michaels. I am a mechanical engineer by profession, specializing in powerplant work. I worked as a machinist and engine erector, with time spent overseas. I have always had a love for machinery, and an appreciation for farming and farm machinery. I was born and raised in Brooklyn, New York. Not a place one would associate with farms or farm machinery. I credit my parents for instilling a lot of good values, a respect for learning, a knowledge of various skills and a little knowledge of farming in me, amo
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