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Is it true that you can only deduct mortgage interest on 13 monthly mortgage payments? I was told by my mortgage company that this is a government rule.
my mortgage company sent a tax statement showing a much lower amount of mortgage interest paid than what the monthly statement shows. I called and they said this is because i made more than 13 mortgage payments and i can't deduct interest on more than 13 payments.
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‎June 6, 2019
4:27 AM