Standard Deduction for the 1st time

arabrab
Wed, 07 Jan 2009 16:12:43 +0000

Well, it looks like for the first year ever that we should take the standard deduction, along with the special for 2008-only $1000 real estate tax deduction.

Since we aren’t itemizing, is there anything special we ought to keep in mind when filling out the FAFSA or Profile forms? (We’re only about 200 under the limit, and without the special re tax deduction it wouldn’t have made sense.)

Thanks!

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