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Claim home warranty, alarm system, or credit card interest?

 

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Subject Author Date
Claim home warranty, alarm system, or credit card interest? DK1000 03-26-2008
Posted by DK1000 on March 26, 2008, 12:18 pm
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Hi,

For my 2007 US tax returns (also Ohio), can I claim my payments on my
home warranty (AHS - American Home Shield, approx $450/year), or my
wired-in home alarm system (Apex/Monitronics, approx $500/year), or
credit card interest that I have to pay every month? Thanks much.

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Posted by Phil Marti on March 26, 2008, 1:15 pm
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"DK1000" wrote:

> For my 2007 US tax returns (also Ohio), can I claim my payments on my
> home warranty (AHS - American Home Shield, approx $450/year), or my
> wired-in home alarm system (Apex/Monitronics, approx $500/year), or
> credit card interest that I have to pay every month?

No.

--
Phil Marti
Clarksburg, MD

--
<< ------------------------------------------------------- >>
<< 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. >>
<< ------------------------------------------------------- >>

Posted by Paul Thomas, CPA on March 26, 2008, 1:15 pm
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> For my 2007 US tax returns (also Ohio), can I claim my payments on my
> home warranty (AHS - American Home Shield, approx $450/year), or my
> wired-in home alarm system (Apex/Monitronics, approx $500/year), or
> credit card interest that I have to pay every month? Thanks much.





No. No. And no.

At least not for expenses related to your personal residence or for personal
credit card purchases.






--
Paul A. Thomas, CPA
Athens, Georgia

--
<< ------------------------------------------------------- >>
<< 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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