Does anyone still deduct mortgage interest? I haven’t for years - I use Standard Deductions and thats it.
I wish the article had hard and fast numbers for the total US taxpayers who itemize for mortgage interest. I bet its not much.
I know a lot of people file a schedule A, especially if you live in a high State income tax State.
“Does anyone still deduct mortgage interest? “
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I do.
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Agreed. I only came out better by itemizing for about the first four years of my mortgage. And that's before you even consider the reduced record-keeping and hassle involved in taking the standard deduction.