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Deductions & credits
Yes. You're allowed to deduct the interest on a loan secured by your main home (where you ordinarily live most of the time) and a second home.
A mobile home, RV, house trailer, or houseboat that has sleeping, cooking, and toilet facilities counts as a main or second home, and as long as it meets all the other requirements for deducting mortgage interest, you can claim the interest like an immovable home.
If you're itemizing, you get to choose between deducting your state and local income taxes or your state and local sales taxes. You can't claim both and you can't claim either one if you're taking the Standard Deduction.
If you go with the sales tax deduction, you can claim the sales taxes you paid on just about anything you bought, whether it was purchased online or locally, in-state or out-of-state, big or small.
Where do I enter sales taxes paid in 2024?
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