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It's quite possible that your mortgage interest brings you into itemized deductions, but not by very much.
The standard deduction nearly doubled this year. It's $12,000 filing single and $24,000 married filing jointly.
So, if your mortgage interest and other deductions only bring you slightly above the standard deduction, you would not see a huge change in tax.
It's quite possible that your mortgage interest brings you into itemized deductions, but not by very much.
The standard deduction nearly doubled this year. It's $12,000 filing single and $24,000 married filing jointly.
So, if your mortgage interest and other deductions only bring you slightly above the standard deduction, you would not see a huge change in tax.
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