In my Chapter 13 there is a repayment plan. I am repaying home loan payments that I missed. Are the home loan payments that are being made thru the trustee tax deductible
Announcements
Attend our Ask the Experts event about Tax Law Changes - One Big Beautiful Bill on Aug 6! >> RSVP NOW!
Do you have a TurboTax Online account?
We'll help you get started or pick up where you left off.
In my Chapter 13 there is a repayment plan. I am repaying home loan payments that I missed. Are the home loan payments that are being made thru the trustee tax deductible
In my Chapter 13 there is a repayment plan. I am repaying home loan payments that I missed. Are the home loan payments that are being made thru the trustee tax deductible
The actual payments (your principal) are not deductible, but the interest on them is tax deductible as your "regular" mortgage interest.
Federal Taxes
Deductions & Credits
Scroll
down to Your Home, select Mortgage Interest and Refinancing