bagofchips
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Thx ok so I see now how 60% can arise. So what if the spouse filing separately enters the same numbers? Does that lead to another 60%, yielding 120% of mortgage...
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Thx for the fast reply, on Apr 14 nearing midnight west coast, no less, one day to go. Yeah changing it to zero was obviously just an edge case to see how the t...
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If the mortgage was Dec 14 '17 or before the $750K limit doesn't apply as you are grandfathered to $1MM or less. Relevant for me since in my case I have pre-'17...
Activity Feed for bagofchips
- Posted Re: Changing the mortgage PRINCIPAL balance (not the interest paid) changes the tax owed - WHY?? on Deductions & credits. April 15, 2025 5:46 AM
- Cheered Re: File Extension from Desktop Version for packman. April 15, 2025 5:40 AM
- Cheered Re: File Extension from Desktop Version for packman. April 15, 2025 5:40 AM
- Posted Re: Changing the mortgage PRINCIPAL balance (not the interest paid) changes the tax owed - WHY?? on Deductions & credits. April 14, 2025 11:45 PM
- Posted Changing the mortgage PRINCIPAL balance (not the interest paid) changes the tax owed - WHY?? on Deductions & credits. April 14, 2025 11:10 PM
- Posted Re: Mortgage Principal Increases Tax Owed on Deductions & credits. April 14, 2025 10:43 PM