Home Mortgage Interest Deduction

Home Mortgage Interest Deduction

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Married taxpayers. if you are married and file a joint return, your qualified home(s ) can be owned either jointly or by only one spouse. ... You can deduct that penalty as home mortgage interest provided the penalty is not for a specific service performed or cost incurred in ... Prepaid interest. if you pay interest in advance for a period that goes beyond the end of the tax year, you must spread this interest over the tax ... Payments on a non redeemable ground rent are not mortgage interest.


Title:Home Mortgage Interest Deduction
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