Re: [CANSLIM] Deduction Subject to 2% Limit


From: "Pritish Shah" <pshah@lason.com>
Subject: Re: [CANSLIM] Deduction Subject to 2% Limit
Date: Tue, 22 Jul 2003 23:53:23 -0400

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Hongshu,

I am assuming that you are referring to my email. For me itemized =
deductions make sense. I am able to rake up approx $30,000 in total =
dedudctions. The big ones are mortgage interest, charitable contributions, =
taxes and dependents.

Pritish

>>> honghsu@bellatlantic.net 07/22/03 11:10PM >>>
   Gene and Mike,

   I got a dumb question.  Even you can put IBD subscription and=20
breakoutwatch.com online service fee into Schedule A as investor, is it=20
worth to give up Standard Deduction?  For married filling jointly, the=20
standard deduction is $7,850.   Can you put partial of your mortgage or=20
rent onto Schedule A as investment expenses?   If not,  what is big=20
chunk of miscellaneous itemized deduction? =20

I have no intention to knowing your expenses.  I am just curious is it=20
worth to use Schedule A.    I maybe wrong.
- -Hong




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