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To: SeekAndFind

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.


9 posted on 03/28/2014 7:09:40 AM PDT by Responsibility2nd (NO LIBS. This Means Liberals and (L)libertarians! Same Thing. NO LIBS!!)
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To: Responsibility2nd

I know a lot of people file a schedule A, especially if you live in a high State income tax State.


58 posted on 03/28/2014 8:11:07 AM PDT by Rusty0604
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To: Responsibility2nd

“Does anyone still deduct mortgage interest? “

I do.

.


100 posted on 03/28/2014 1:23:13 PM PDT by Mears
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To: Responsibility2nd
I wish the article had hard and fast numbers for the total US taxpayers who itemize for mortgage interest. I bet its not much.

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.

121 posted on 03/28/2014 9:38:33 PM PDT by Still Thinking (Freedom is NOT a loophole!)
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