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post #1 of 9 (permalink) Old 01-05-2009, 03:14 PM Thread Starter
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Tax Help.

I usually just use the free type e-file from one of the many online companies. I've never had a problem with them. Nine months ago me and my girlfriend bought a house together. We are not married and will not be fileing joint. My question is this: Who claims the house? Can we both? Is it even worth it?
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post #2 of 9 (permalink) Old 01-05-2009, 03:23 PM
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Best to talk to an accountant, depends on your situation and amount of income on which will be most advantageous to you.
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post #3 of 9 (permalink) Old 01-05-2009, 03:38 PM Thread Starter
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That's what I was thinking, but I was hoping I could get around one.
p/s I love the Allman Brothers.
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post #4 of 9 (permalink) Old 01-05-2009, 03:50 PM
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If it involves a little bit of $$, Get a pro to do it, you'll be safer and lessen your chances of an audit. It typicaly only cost a few hundred dollars to get it done.
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post #5 of 9 (permalink) Old 01-05-2009, 04:03 PM Thread Starter
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EDIT..I re-read your suggestion. I'm not dealing with much money.
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post #6 of 9 (permalink) Old 01-05-2009, 04:06 PM
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Then its probably not worth it if thats all you typicaly get back. but I'd still check with someone like H&R they may find you a few $$$.
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post #7 of 9 (permalink) Old 01-05-2009, 04:10 PM Thread Starter
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I believe that what I'm going to do.
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post #8 of 9 (permalink) Old 01-05-2009, 04:12 PM
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I agree with Dave, you should probably see a tax professional.

To answer your questions, though, I submit;

Either one or the other (not both) of you should be able to "claim" the allowed expeditures if both names are on the property.

Since you are not filing a "Joint" return, there is not a problem with whomever claiming the property itemizing. Normally, if one person itemizes (as in a married couple), it is necessary for the other to also itemize. You and your girlfriend do not have to deal with that problem.

As to whether or not it is worth itemizing, that depends on whether or not your itemized deductions are more than your standard deductions.

With the above having been said. I would still encourage you to see a tax professional who can really see your TOTAL situation.

BT

Do the right thing!
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post #9 of 9 (permalink) Old 01-06-2009, 07:02 PM
 
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If your girl has kids(hers from 1st mess) like mine, she claims them. Not married,,,I claim the House. More back that way. My business is a sole proprietorship all on me. She does all the taxes with one of those programs from Wallyworld.. She's used turbo tax, the H&R one and some other.. they work good for us and ask a jillion specific questions.. The first year of my business (scary as hell to take the leap) she used the program, and had a bean counter make sure we were ok and have done it that way since. Good luck, Brian F ps. Nice to see someone planning ahead!
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