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Tax Deduction for second home

In the past I've been able to deduct Taxes, Interest for a second home, but it seems this year the program did not ask or allow me to enter those amounts. Has something changed in the tax code?

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1 Reply
AmyC
Expert Alumni

Tax Deduction for second home

No new changes for mortgage interest this year. Click on Add a Lender and continue to add the interest for your second home.

 

Qualified Mortgage Interest

This is the interest you pay on a loan secured by your main home or second home that was used to build, buy, or improve that home, and includes:

  • Mortgage to buy, build, or substantially improve your home
  • Second mortgage
  • Line of credit
  • Refinanced loans
  • Home equity loans
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