Relay-Version: version B 2.10 5/3/83; site utzoo.UUCP Posting-Version: version B 2.10.3 4.3bsd-beta 6/6/85; site ucbvax.BERKELEY.EDU Path: utzoo!watmath!clyde!burl!ulysses!ucbvax!brahms!desj From: desj@brahms.BERKELEY.EDU (David desJardins) Newsgroups: net.taxes Subject: Re: deducting refinancing points Message-ID: <12384@ucbvax.BERKELEY.EDU> Date: Fri, 14-Mar-86 18:50:12 EST Article-I.D.: ucbvax.12384 Posted: Fri Mar 14 18:50:12 1986 Date-Received: Sat, 15-Mar-86 21:31:32 EST References: <2c733a99.2a75@apollo.uucp> Sender: usenet@ucbvax.BERKELEY.EDU Reply-To: desj@brahms.UUCP (David desJardins) Organization: University of California, Berkeley Lines: 32 In article <2c733a99.2a75@apollo.uucp> tbg@apollo.uucp (Tom Gross) writes: > > this question KEEPS coming up, without any definitive > answer. the CORRECT answer to all such questions is > this pearl of wisdom taught to me by my father: > > "When in doubt, deduct it!" > > If you just follow that rule you will ALWAYS come out > ahead. I am amazed by the number of people who > evidently WORRY about the IRS finding an error in > their return. For god's sake, DEDUCT THE POINTS, > if it turns out that you aren't supposed to deduct > the points the IRS will TELL YOU THAT, if they even > notice, then you MIGHT HAVE TO PAY A LITTLE MORE OR > GET BACK A LITTLE LESS. Doesn't it bother you at all to break the law? And to steal (yes, *steal*) from other Americans. I don't see how you can give any other name to knowingly (or at least negligently) filing a false income tax return. From the point of view above you should lie through your teeth. Your chances of even being audited are no more than one in 50-100; the penalties would have to be pretty steep to make your expected return negative. I really do despise you. You seem to have no sense of personal integrity or honor. And it doesn't bother you to steal from others. Pretty sick in my view. Fortunately the majority (at least for the moment) seem to agree with me, so the whole society of the United States doesn't collapse... -- David desJardins