IF my mortgage goes through this year, what is the "deadline" that I'm reading about to get the tax credit for both the interest, and possibly the penalty-free 10K withdrawal from the 401K?
I guess I also want to know, at what point in 2011 should I give up and wait until 2012?
Where are you reading this?
Hi, Shane. I read it on here in one of the posts. IDK what it said exactly. Are you saying that there is not a deadline in the year, then? That someone can buy a house in Oct/Nov and still write off the interest? THANK U
I have not heard of any deadlines for mortgage interest deductions or penalties for using a 401k to purchase a home. Although I am not the foremost expert on tax advice.