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What Is The Maximum Mortgage Interest Deduction For 2025
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What Is The Maximum Mortgage Interest Deduction For 2025. Deciding whether to itemize or take the standard deduction depends on which saves more. In other words, interest payments.
One of the most widely taken deductions is the tax deduction for mortgage interest in 2024 and 2025. The home mortgage interest deduction is a tax law that lets you subtract your mortgage interest from your taxable income to lower your tax liability.
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