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Is there an income limit on deducting Home mortgage or Property tax?

 
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Is there an income limit on deducting Home mortgage or Property tax?

There is not an income limit when deducting mortgage interest or property taxes as itemized deductions on Schedule A.

There is a limit for SALT (State and Local taxes which includes property taxes) of no more than $10,000 if filing as Married Filing Jointly ($5,000 filing separately) as an itemized deduction.

There is a limitation for mortgage interest paid as an itemized deduction where the mortgage must be $750,000 or less.

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Is there an income limit on deducting Home mortgage or Property tax?

There is not an income limit when deducting mortgage interest or property taxes as itemized deductions on Schedule A.

There is a limit for SALT (State and Local taxes which includes property taxes) of no more than $10,000 if filing as Married Filing Jointly ($5,000 filing separately) as an itemized deduction.

There is a limitation for mortgage interest paid as an itemized deduction where the mortgage must be $750,000 or less.

Is there an income limit on deducting Home mortgage or Property tax?

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