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wkbinpa1
Level 1

Is IRS interest deductible for sch A?

 
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‎June 4, 2019 5:33 PM
last updated ‎June 04, 2019 5:33 PM
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MichaelL1
Level 15

Is IRS interest deductible for sch A?

No, it is considered personal interest and is not deductible on the Sch A. 

Home mortgage interest or home equity loans are Sch A deductible interest. 

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‎June 4, 2019 5:33 PM
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MichaelL1
Level 15

Is IRS interest deductible for sch A?

No, it is considered personal interest and is not deductible on the Sch A. 

Home mortgage interest or home equity loans are Sch A deductible interest. 

‎June 4, 2019 5:33 PM
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