Which only matters if you somehow go above the crazy high $25k standard deduction.
I am fairly well off and have kids and student loan debt to write off interest on as well, but I've never broke $19k in write offs.
So, unless you have a business or something, the interest write off is kinda useless.
Ish...
2500 in property tax (house is >100yrs old), and 3.125% interest on a loan w/$285k left on the mortgage.
> 10k for state taxes
Are you saying you can write off your state taxes?
Which only matters if you somehow go above the crazy high $25k standard deduction.
I am fairly well off and have kids and student loan debt to write off interest on as well, but I've never broke $19k in write offs.
So, unless you have a business or something, the interest write off is kinda useless.