Claiming Home Mortgage Interest You must itemize your deductions on Form 1040, Schedule A to claim mortgage interest. This means foregoing the standard deduction for your filing statusâit's an either/or situation. You can itemize or you can or you can claim the standard deduction but you can't do both.
The IRS has a 10 year period of time in which to collect back taxes. After that ten year period of time, the back taxes drop off the tax data base and the debt is legally forgiven and can never be collected. The federal tax liens are also released by statute.
How long does the IRS have to return my refund? I filled my refund on Feb 4, 2009 my return amount is 6,000 dollars they told me that they are investigating my return but i have not received an answer or information from them on my return. I called on April 21, 2009 because on this day the IRS wasted there investigating time which is the first week then 30 day... show more