Detailed text transcripts for TV channel - FOXNEWS - 2010021

Detailed text transcripts for TV channel - FOXNEWS - 20100214:21:40:00

income standpoint but you can take that credit against last year's taxes if you go as late as april 30th. so people that own a home, if you meet certain income standards, you can get a credit for up to $6500 as late as april 30th. >> gregg: that is a good one. a lot of people donated to haiti? >> if you donated after the earthquake all the way through march 1st, you can take that deduction on last year's taxes or this year's but not both. >> gregg: what about an ira? >> you can still do an ira, meet income qualifiers, and for the self-employed, it's possible to get a simplified pension deduction of up to $49,000. >> gregg: what about college tuition? >> this year there is a college deduction between $2,000 to $4,000.

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