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Old 08-19-2008, 05:54:09 AM   #1 (permalink)
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Default New tax law for filing 2008 taxes

Not much help if you don't itemize deductions but helps a little.
FYI.........

New Property Tax Deduction

New Property Tax Deduction

Limited amount allowed to non-itemizers

By Kaye A. Thomas
Corrected August 4, 2008

Provision applies for 2008.
The housing law signed by President Bush on July 30 allows people to deduct up to $500 in real property tax ($1,000 on a joint return) even if they don't claim itemized deductions.

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Old 08-19-2008, 07:41:12 AM   #2 (permalink)
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Default Re: New tax law for filing 2008 taxes

Cool. That'll help me out. We don;t have enough to itemize anything. Everythings paid for. lol
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