Also, you do not have to report all of the mortgage interest that appears on forms 1098. Only the amount that you are eligible to deduct. There is only one plac...
I'm sorry, but that link is not correct. It states that you can't deduct interest on anything over 350k in home debt, 250k if Married Filing Separate. That's si...
"Any way that seems reasonable" is not how the IRS guidelines suggest you split deductions. You are supposed to split pretty much everything down the middle if ...
i had the same issue. anyone figure this out? my though about having no home for 6 months, and then a 1.5mm home loan for the last 6 months, is that you still c...
