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2. Are home equity loans tax-deductible? - AOL

   www.aol.com/finance/home-equity-loans-tax...

   Filing separately/single. Head of household. 2023. $27,700. $13,850. $20,800. ... on a home equity loan and $9,100 in interest on your mortgage in 2024. These are the only deductions you can ...

3. 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. ... and it can vary depending on your tax filing status. For tax year 2024—return you will file in 2025—the ...

4. 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.

5. Home mortgage interest deduction - Wikipedia

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

   Because the Tax Cuts and Jobs Act of 2017 increased the standard deduction to a level where far fewer taxpayers itemized their expenses (which is where they deduct mortgage interest), the cost to the federal government of the mortgage interest deduction was decreased by 60%, from approximately $60 billion in 2017 to $25 billion in 2018.

6. What Is the Standard Deduction Amount for 2022-2023 and ... - AOL

   www.aol.com/finance/difference-between-standard...

   Here are the standard deductions for the 2022 and 2023 tax years: Single: $12,950 for 2022, $13,850 for 2023. Married, filing jointly: $25,900 for 2022, $27,700 for 2023. ... Home mortgage interest.

7. Is private mortgage insurance (PMI) tax-deductible? - AOL

   www.aol.com/finance/private-mortgage-insurance...

   Most borrowers pay mortgage insurance premiums when putting down less than 20% on a home. ... The deadline to file your 2023 taxes was April 15, 2024. If you requested an extension, you have until ...

8. Are home equity loans tax-deductible? - AOL

   www.aol.com/home-equity-loans-tax-deductible...

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9. The Best Tax Deductions and Tax Breaks for 2023-2024 - AOL

   www.aol.com/finance/most-americans-think-taking...

   Some deductions remain every year, but others change or disappear, and new ones crop up. Learn the most common tax deductions available. The Best Tax Deductions and Tax Breaks for 2023-2024