In West Virginia, the average gain above the $250,000 cap is $66,805. For the 0.6% of homeowners who exceed the $500,000 threshold, the average gain subject to federal taxation is $95,092. That ...

The Republicans' tax cut and spending package, dubbed the "big, beautiful bill," includes a tax deduction for car loan ...

President Donald Trump's tax and spending bill revives and expands homeowner tax breaks — while making the current mortgage interest deduction cap permanent.

It will kick back in on Aug. 1 for people in the SAVE repayment program, whose payments have been on hold since last summer.

In most cases, personal loan interest is not tax deductible because you generally can't deduct personal expenses. There are certain situations where personal loan interest is tax deductible, like ...