Top 10 Homeowner Tax Deductions
It’s Not To Soon To Start Planning For Tax Season are your eligible for any of these deductions?
Here are the top ten on the homeowner tax deduction list:
You can find out more about these deductions by visiting IRS Publication 936, Home Mortgage Interest Deductions.
3.Equity Loan Interest
You can read more about this deduction by reading IRS Publication 936, Home Mortgage Interest Deductions.
4.Interest on a Home Improvement Loan
6.Home Office Deduction
8.Capital Gains Exclusion
10.Mortgage Tax Credit
For an overview of other items not listed here, please read IRS Publication 530, Tax Information for Homeowners; IRS Publication 523, Selling Your Home; IRS Publication 587, Business Use of Your Home; IRS Publication 521, Moving Expenses; and IRS Publication 936, Home Mortgage Interest Deduction.
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