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Mortgage tax deduction calculator Many homeowners have at least one thing to look forward to during tax season: deducting mortgage interest. This includes any interest you pay on a loan secured by.
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Tax deductions for homeowners | H&R Block Newsroom – Changes to the mortgage interest tax deduction and the cap on certain itemized deductions, including real estate taxes, could alter the tax benefits of owning a home. Here is a look at tax breaks homeowners can take advantage of to make sure they get the most out of homeownership at tax time. Tax tip for homeowners #1: itemize all possible.