Favoriting Aerial View: Playlist from March 13, 2012 Favoriting

Aerial View was WFMU’s first regularly-scheduled phone-in talk show. Hosted by Chris T. and on the air since 1989, the show features topical conversation, interviews and many trips down the rabbit hole. Until further notice, Aerial View is only available as a podcast, available every Tuesday morning. Subscribe to the newsletter “See You Next Tuesday!” and find tons of archives at aerialview.me. (Visit homepage.)

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Favoriting March 13, 2012: Tax & Mitt & Kittens

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Drain Aerial View You  Nirvana Chris T.   Favoriting


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Listener comments!

  6:08pm
Lampshade:

More Kittens, please! :o
  6:14pm
Mike East:

I just started mine last week and realized I was missing one of my wife's W2's. So far it looks like I'll be just about breaking even between what I'll get back from federal, and what I'll owe the state.
  6:18pm
Mike East:

Is there anything I should be looking out for since I bought a home last year? It seems the first time home buyer tax credit does not apply anymore - but I've never had a mortgage before, so I want to make sure I'm not missing anything.
  6:20pm
Mike East:

also - Can Howie do my taxes for me?
  6:24pm
beafdog:

hey mike. good news, now you can deduct the interest you paid on your mortgage. bad news- no more 1040-EZ. it's itemized deductions from here on out
  6:29pm
Mike East:

thanks, beafdog - but if my itemized deductions add up to less than the standard deduction amount ($11,400, or so, i think), then I just claim the standard deduction, right?
  6:31pm
beafdog:

maybe. I'll have to know your mortgage rate, principal amount, address and SS#
  6:33pm
Mike East:

hahaha. I'll get back to you on that.
  6:45pm
dan:

I was out on Comp this year for 4 months. Due I owe tax on my Comp payments?
  6:51pm
DPCD:

Can Howie speak to the issue of "primary residence." Apparently it is a fluid thing for rich politicians especially. I rent and am buying a place I may or may not move into at retirement (which keeps getting farther off!) The home needs a new heating system and the geothermal credit make this look like a good idea. Some say the IRS doesn't know where we live and some say they put small change guys like me in jail for trying to take advantage of the energy programs. I need to know if the place can be called a primary residence in 2012.

And please stop the awful list!
  6:54pm
joe:

Bob Seager is crying for many other reasons
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