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I pulled cash from refinanced mortgage loan to pay off a HELOC. May I deduct the full interest this year on the new mortgage loan?
skaman4
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I pulled cash from refinanced mortgage loan to pay off a HELOC. May I deduct the full interest this year on the new mortgage loan?
Can I deduct the new mortgage loan's full interest this year, or do I have to subtract the portion used to pay off the HELOC.
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TurboTax Deluxe Online
‎January 31, 2021
6:57 PM
