The mortgage tax break is one of the most common. It enables you to deduct the home mortgage interest on the first $750,000 of your loan/debt if you're single or married filing jointly, or $375,000 if ...

Medical expenses can be a major tax deduction, but only if they go over 7.5% of your adjusted gross income, which is ...

As tax season rolls around, you may have a number of questions on your mind — including whether your mortgage interest is tax deductible in 2025. The short answer is yes, but whether or not ...

For some, interest is still deductible despite the Tax Cuts and Jobs Act Rebecca Lake is a journalist with 10+ years of experience reporting on personal finance. She also assists with content ...

A home equity loan has important tax benefits that users should remember this filing season. Here's what to know.

If you’re not sure which ones you may qualify for, here are some common deductions and credits new tax return filers can take.