College Deduction News Today

When the truth is and you know this reverend to be correct, that since president obamas been in office, the average middle class family has received $3600 worth of tax cuts. thats the payroll dedex tax cuts. thats the making work pay tax cut in the stimulus plan. thats the college deduction for kids in college all put together. the average family is paying $3600 less under president obama and they keep claiming hes raised taxes on people he hasnt raised taxes. hes cut taxes on ordinary americans...

Owes money. is there a loophole he wants to know. >> a lot of people didnt have enough withheld, maybe he can tally job-hunting costs. costs of resume and being on monster.com, things like that. maybe he went out to take a class to get in the workforce gains, the college deduction. maybe that is the angle he can take to wipe out the bill jenna: a lot of questions about mortgage deduction, what is going to happen to the mortgage deduction in the future. >> absolutely take it this year. the averag...

Income standpoint but you can take that credit against last years taxes if you go as late as april 30th. so people that own a home, if you meet certain income standards, you can get a credit for up to $6500 as late as april 30th. >> gregg: that is a good one. a lot of people donated to haiti? >> if you donated after the earthquake all the way through march 1st, you can take that deduction on last years taxes or this years but not both. >> gregg: what about an ira? >> you can still do an ira, mee...