topic Can I use the mortgage payment as an expense if I take out the interest and taxes? in Deductions & credits https://ttlc.intuit.com/community/tax-credits-deductions/discussion/can-i-use-the-mortgage-payment-as-an-expense-if-i-take-out-the-interest-and-taxes/01/663628#M86970 The amount I used would be money going to the principal, excluding the interest, taxes, insurance. Thu, 06 Jun 2019 09:47:20 GMT JJ373 2019-06-06T09:47:20Z Can I use the mortgage payment as an expense if I take out the interest and taxes? https://ttlc.intuit.com/community/tax-credits-deductions/discussion/can-i-use-the-mortgage-payment-as-an-expense-if-i-take-out-the-interest-and-taxes/01/663628#M86970 The amount I used would be money going to the principal, excluding the interest, taxes, insurance. Thu, 06 Jun 2019 09:47:20 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/can-i-use-the-mortgage-payment-as-an-expense-if-i-take-out-the-interest-and-taxes/01/663628#M86970 JJ373 2019-06-06T09:47:20Z No, the actual mortgage payment is never an expense and i... https://ttlc.intuit.com/community/tax-credits-deductions/discussion/no-the-actual-mortgage-payment-is-never-an-expense-and-i/01/663633#M86971 <P>No, the actual mortgage payment is never an expense and is never allowed as a deduction on your tax return, unfortunately. &nbsp; Per IRS, you can deduct only mortgage interest, taxes and mortgage insurance on your home, but never the actual payments.&nbsp;</P> Thu, 06 Jun 2019 09:47:22 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/no-the-actual-mortgage-payment-is-never-an-expense-and-i/01/663633#M86971 MargaretL 2019-06-06T09:47:22Z