As a homeowner you may be asking, “Do I get a tax break for all the money I’ve spent fixing up my house?” The answer is, maybe yes, maybe no. But one thing is certain: You’ll need to keep track of all those home improvement expenses. To find out more, see the full TurboTax article.
If you made eco-friendly home improvements or purchased an electric car, you may be eligible to reduce the amount of tax you owe by claiming one of the energy tax credits. Check out this tax tip video from TurboTax for more info.
(Source: blog.turbotax.intuit.com)
TurboTax Tax Tip Video - Overlooked Homeowner Tax Deductions
If you’re a homeowner, you should know about these commonly overlooked tax deductions that could save you money on your taxes this year. Efile is now open - Login to TurboTax.com and get the refund you deserve!
If you find the perfect new home and want to close on it before the old one sells, how do you bridge the financial gap?
This TurboTax Blog post will help you learn more about how this real estate transaction can impact your taxes. TurboTax will ask you simple questions and give you the tax deductions and credits you are eligible for based on your answers.
What better way to celebrate Fall than by saving some money?
With the temperature beginning to drop, it’s time to start looking around the house for ways to save on energy costs. TurboTax can help you take advantage of savings tips, applicable tax credits, and deductions for energy-efficient purchases in this new TurboTax Blog post.
Thinking about doing a home upgrade this summer? Learn which home improvements may qualify for an Energy Tax Credit.