Re: [CANSLIM] Deduction Subject to 2% Limit

From: Hong Hsu <honghsu@bellatlantic.net>
Subject: Re: [CANSLIM] Deduction Subject to 2% Limit
Date: Wed, 23 Jul 2003 08:20:46 -0400

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  Pritish,  

  I wonder you refer state taxes as itemized deductions on Schedule A?  What is dependents item?

  Thanks,
   -Hong




Pritish Shah wrote:

>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 
>breakoutwatch.com online service fee into Schedule A as investor, is it 
>worth to give up Standard Deduction?  For married filling jointly, the 
>standard deduction is $7,850.   Can you put partial of your mortgage or 
>rent onto Schedule A as investment expenses?   If not,  what is big 
>chunk of miscellaneous itemized deduction?  
>
>I have no intention to knowing your expenses.  I am just curious is it 
>worth to use Schedule A.    I maybe wrong.
>-Hong
>
>
>
>
>-
>-To subscribe/unsubscribe, email "majordomo@xmission.com"
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>
>
>  
>

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 <Linux kernel:>< As a computer I find your faith in technology amusing.



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&nbsp; Pritish, &nbsp; <br>
<pre wrap="">  I wonder you refer state taxes as itemized deductions on Schedule A?  What is dependents item?

  Thanks,
   -Hong

</pre>
<br>
<br>
Pritish Shah wrote:<br>
<blockquote type="cite" cite="midsf1dd055.042@smtp.lason.com">
  <pre wrap="">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

  </pre>
  <blockquote type="cite">
    <blockquote type="cite">
      <blockquote type="cite">
        <pre wrap=""><a class="moz-txt-link-abbreviated" href="mailto:honghsu@bellatlantic.net">honghsu@bellatlantic.net</a> 07/22/03 11:10PM &gt;&gt;&gt;
        </pre>
      </blockquote>
    </blockquote>
  </blockquote>
  <pre wrap=""><!---->   Gene and Mike,

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

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




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  </pre>
</blockquote>
<br>
<pre class="moz-signature" cols="$mailwrapcol">-- 
 &lt;Linux kernel:&gt;&lt; As a computer I find your faith in technology amusing.</pre>
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