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How much of your mortgage interest is tax deductible?

Oliver Cooper | 2023-06-05 06:08:35 | page views：1112
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Oliver Wilson

Works at the International Finance Corporation, Lives in Washington, D.C., USA.
Taxpayers can deduct the interest paid on first and second mortgages up to $1,000,000 in mortgage debt (the limit is $500,000 if married and filing separately). Any interest paid on first or second mortgages over this amount is not tax deductible.
2023-06-09 06:08:35
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Isabella Diaz

QuesHub.com delivers expert answers and knowledge to you.
Taxpayers can deduct the interest paid on first and second mortgages up to $1,000,000 in mortgage debt (the limit is $500,000 if married and filing separately). Any interest paid on first or second mortgages over this amount is not tax deductible.
Mortgage Interest Tax Deduction Calculator - Bankrate
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