tax credit for homeowners: Tax Credits and Deductions Every Homeowner Should Know
- 12/30/16 08:47 PM
You may have more tax deductions than you know Tax season is just around the corner. Have you already planned for your annual federal and state income tax deductions? If you are a homeowner, your home provides many tax benefits that you can take advantage of. Here’s a breakdown of all the tax credits and deductions—from the time you buy your home through to when you decide to sell it. Tax Deduction #1: Mortgage Interest PaidWhen you own a home you can subtract the interest you paid on your mortgage loan and your property taxes from your total income. The deduction of
(1 comments)
|
|
|
|