Taxing Questions

Wondering if the cost of your pet pot-bellied pig qualifies as a medical deduction because having it around is so therapeutic? As reported by FiLife.com, until the end of this month, the folks at Turbo Tax are standing by to answer your tax questions–no matter how ordinary or odd–for free. Just submit the question via e-mail and they promise to call you with an answer within 48 hours.

One other tax matter of note is that if your adjusted gross income was $54,000 or less in 2007, you qualify for Free File, an IRS-sponsored free online tax preparation service. It’s reported to be the fastest way to file your federal income tax return, and direct deposit refunds are transferred to your bank in as few as 10 days. If you made more than $54,000, you can still file online through e-file, but there are fees involved.

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