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If I got a mortgage in 2017, can that count towards 2016 taxes or no?
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If I got a mortgage in 2017, can that count towards 2016 taxes or no?
No, deductions must be recorded in the year they were made; therefore you cannot take a 2017 deduction on your 2016 tax return.
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If I got a mortgage in 2017, can that count towards 2016 taxes or no?
No, deductions must be recorded in the year they were made; therefore you cannot take a 2017 deduction on your 2016 tax return.
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