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« People are Irrational When It Comes to Money | Main | American Express and Chase Win Again »

January 22, 2008

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What I need to know is the income limit on education credits. I was over the limit last year, but I hope they raised the income limit just a little. I deferred some just in case.

"2007 Tax rates - Can anyone say 'yikes!'?" - While our tax system is complicated and Byzantine, don't we in the US enjoy some of the lowest tax rates in the world? - especially if you are in the upper quartile and know how to plan and work towards the numerous available deductions

I wish the election was on April 16 instead of in November

Ron - for MFJ the phaseout starts at $94k, ends at $114k, single and the rest are half those amounts, MFS doesn't qualify.

Don't forget the tuition and fees deduction though, it phases out between $130k and $160k for MFJ, half for the rest.

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