How to Calculate Home Mortgage Interest Deductions

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How to Calculate Home Mortgage Interest Deductions – This is a place for the community to provide tips and advice on How to Calculate Home Mortgage Interest Deductions. This topic was created by windwall and the tips are provided by the community. The tips you add here can be your own or referred from another site. The best tips are then ranked at the top when up-voted by members of the community.

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Calculating The Mortgage Interest Tax Deduction More
Published: 9 years, 5 month(s) ago by Shane V | permalink
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The amount of money you save by paying your mortgage off quickly will far exceed any benefit from the mortgage interest tax deduction.
Tags: mortgage interest,mortgage tax benefit,mortgage interest rates,mortgage interest rate calculator,mortgage interest rate,tax deductions,mortgage tax deductions,tax return,tax returns,mortgage tax deductions and benefits,sector - real estate rental and leasing,home purchase,mortgage

For further reading: http://www.investopedia.com/articles/mortgages-real-estate/11/calculate-the-mortgage-interest-math.asp ^[1]

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Mortgage Interest Deduction - Zillow More
Published: 9 years, 5 month(s) ago by Suzy Schwartz | permalink
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For further reading: http://www.zillow.com/mortgage-rates/buying-a-home/mortgage-interest-deduction/ ^[2]

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Claiming Home Mortgage Interest as a Tax Deduction More
Published: 9 years, 5 month(s) ago by Ale Vitorello | permalink
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Mortgage interest is a tax-deductible expense. Mortgage interest is reported on Form 1040, Schedule A along with other itemized deductions.

For further reading: http://taxes.about.com/od/deductionscredits/a/MortgageDeduct.htm ^[3]

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Category: Fun | 9 years, 5 month(s) ago

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Suzy Schwartz, Ale Vitorello, Shane V

References & Citations

1. http://www.investopedia.com/articles/mortgages-real-estate/11/calculate-the-mortgage-interest-math.asp

2. http://www.zillow.com/mortgage-rates/buying-a-home/mortgage-interest-deduction/

3. http://taxes.about.com/od/deductionscredits/a/MortgageDeduct.htm