Word: jointing
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...President gripes some more, about Jackie Kennedy, Lyndon Johnson's "barbaric" guests and, well, just about everything. [The agent] "could have just as easily sat in the front seat," he whines. "I, of course, was totally uncomfortable." He loved to fire off memos, once writing "Those who boycotted the Joint Session of Congress should be taken off the White House guest list, even if they had been our friends." Off a list, not with their heads...
Generally, the targeted tax goodies for education and retirement get phased out for joint filers with an annual household income between $75,000 and $160,000. "The thresholds are tantalizingly high," notes Tom Ochsenschlager, a tax partner with Grant Thornton in Washington. "All of a sudden, you may find it makes sense to keep your '98 income down...
HOPE SCHOLARSHIP AND LIFETIME LEARNING CREDIT The first is a maximum $1,500 credit per child for college expenses. The second is a yearly $1,000 credit per family for education. The breaks phase out for joint filers at $100,000 of annual income. Note that the effective date of the lifetime learning credit is June 30. Don't pay before then...
EDUCATION LOANS You can deduct up to $1,000 on interest paid in '98. The amount increases in later years. The income limit for joint filers is $75,000 a year...
CAPE TOWN: You gotta problem with Nelson Mandela hanging out with Fidel Castro and Muammar Ghaddafi? Go throw yourself in a pool. That was the South African president?s message today at a joint press conference with President Clinton...