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| On Mar 21, 10:55*pm, bh2os <bh2o...[at]gmail.com> wrote: - quote - > Is the New York State Mtg Tax paid at closing an eligible deduction on
reduces net proceeds on the sale.> Schedule A. No. If paid by the buyer it adds to basis. If paid by the seller it Bill Brown -- << ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- > |
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| Is the New York State Mtg Tax paid at closing an eligible deduction on Schedule A. tks all bw -- << ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- > |