home equity loan deductions

In reading the tax reform, you can deduct costs you used to improve your house. My equity loan was refinanced in 2015, so does this mean I can go back and find receipts from 2015 to 2018 and enter that amount for a deduction on the HELOC loan?

Thanks

posted

No, it just means that the interest that you paid on the HELOC that is attributable to actual home improvements can be deducted in 2018, subject to the new limitations. Before 2018, all HELOC interest was deductible, subject to the limitations, no matter what you spent the money on.

The home improvements themselves aren't deductible.

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