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interest on mortgage and property tax
Hi, I bought a house by mortgage for my primary residence. I thought my tax burden would get lower as I switched from renting. I entered my form 1098 and property tax info. After entering this info, I didn't see any change in my tax due. That means this had no role in my tax. I thought the interest I paid for the mortgage would tax-deductible and lowers my tax. Please help me understand. Did I do something wrong?
‎February 21, 2025
5:07 PM