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For purposes of this credit, existing homes and new construction qualify, as well as principal residences and second homes qualify.
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If he plays games in Canada for another team, he can treat the earnings from those games as foreign earnings for purposes of the credit carryover.
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However, the costs that you spend on your own transportation to get your child to summer camp will not qualify as an expense for purposes of the credit.
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Your principal residence, for purposes of the credit, is defined where you live most of the time and can include a house, houseboat, mobile home, co-op, condo and a manufactured home.
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But assuming you meet the criteria, including summer camp expenses for purposes of the child care credit can be mighty useful come tax time.
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R. 3149, was introduced this summer to amend the Fair Credit Reporting Act to prohibit the use of consumer credit checks against prospective and current employees for the purposes of making adverse employment decisions.
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Expenses for a child in nursery school, preschool, or similar programs for children below the level of kindergarten are deductible for purposes of the child care tax credit if they otherwise qualify as child care.
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And banks typically require adult authorization for children to set up a bank account with a linked debit card, which can act as a credit card for the purposes of online accounts.
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Schlosstein picked out the growth of credit-default swaps, a type of derivative often used purely for speculative purposes.
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Credit cards are useful for some purposes but they are often the most expensive debt of all, he advises.
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For security purposes, the last several digits of the account numbers are replaced with X's in the credit report.
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