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2. The mortgage interest deduction could save you ... - AOL

   www.aol.com/finance/mortgage-interest-deduction...

   The home mortgage interest deduction can help some filers maximize their tax refund. ... Interest on mortgages that aren’t secured by your primary or a secondary residence. There may be ...

3. Home mortgage interest deduction - Wikipedia

   en.wikipedia.org/wiki/Home_mortgage_interest...

   Second, the deduction is limited to interest on debts secured by a principal residence or a second home. Third, interest is deductible on only the first $1 million of debt used for acquiring, constructing, or substantially improving the residence, ($500,000 if filing separately) or the first $100,000 of home equity debt regardless of the ...

4. Is HELOC Interest Tax Deductible? - AOL

   www.aol.com/heloc-interest-tax-deductible...

   You can only claim the HELOC interest deduction if you itemize your deductions rather than take the standard deduction. For the 2024 tax year, the standard deduction is $14,600 for single filers ...

5. Mortgage Interest Deduction: Limits and How It Works - AOL

   www.aol.com/finance/mortgage-interest-deduction...

   For tax year 2024, the standard deduction is $14,600 for single filers and married individuals filing separately, $21,900 for heads of household, and $29,200 for married couples filing jointly.

6. Mortgage interest deduction: What it is and what qualifies - AOL

   www.aol.com/finance/mortgage-interest-deduction...

   The mortgage interest deduction is a tax incentive for people who own homes as it allows them to write off some of the interest charged by their home loan. The deduction allows you to reduce your ...

7. Qualified residence interest - Wikipedia

   en.wikipedia.org/wiki/Qualified_residence_interest

   Qualified residence interest is also subject to limitations imposed by § 263(g) - certain interest in the case of straddles, § 264(a)(2) and (4) - interest paid in connection with certain insurance, § 265(a)(2) - interest relating to tax-exempt income, § 266 - carrying charges, § 267(a)(2) - interest with respect to transactions between ...

8. Can I Have Two Primary Residences If I'm Married & Filing ...

   www.aol.com/finance/two-primary-residences-im...

   Getting married and having multiple homes are blessings to enjoy – unfortunately, a tax exemption for two primary residences isn't among the benefits of such a situation. While it would be ...

9. Avoid These Home Tax Deduction and Credit Mistakes - AOL

   www.aol.com/news/2013-01-31-avoid-these-home-tax...

   By G. M. Filisko As you calculate your tax returns, consider each home tax deduction and credit you are - and are not - entitled to. Running afoul of any of these 9 home-related tax mistakes ...