The interest on my home equity line of credit is not getting deducted. The interest on my mortgage is less than the HELOC whose value is less than $1,000,000.
the interest on my HELOC is about $11,000. If I enter $5, I see the same tax burden, if I increase to $20,000, I get a deduction. Is there a reason I don't get the deduction at $11,000?
