Tax Breaks for Buying a Home
Story date: 2008-02-16 09:21:00
Added on: 2008-02-18 03:46:11
Washington Post - You can deduct interest on up to $1 million of debt used to acquire your home. Your lender will send you Form 1098 in January listing the mortgage interest you paid during the previous year. That is the amount you deduct on Schedule A. Be sure the ...
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