Morgage Interest Limits on a 7/1 ARM that rolles over this year

GrigsbyR59 · Mar 27, 2021 11:37:11 AM

<P>I have a 7/1 ARM mortgage loan that rolls over to adjustable this year. Will I be restricted to the $750K max limit for interest deductions or will I stay at $1,000.000 for 2021?</P>

s-h2os

New Member

Can I deduct morgage interest rate and car registration on my state taxes?

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ed_dowd

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I have a CD at my local bank. It rolled over last December. Where Do I put the interest?

in Deductions & credits

ktripp23

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Is my 25k CD account interest taxable? I just6 keep rolling it over. No withdrawals.

in Retirement tax questions

jdburdick1993

Level 1

If I am entering rental information (Schedule E) and deduct a portion of morgage interest and taxes for my property, do I need to update those deductions in schedule A?

in Investors & landlords

elon56

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Form 1098 line 1 can i deduct morgage interest

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