Get a bigger refund with the mortgage interest tax deduction

With the tax filing deadline getting closer each day, taxpayers are scrambling to find ways to lower their tax bills and increase their tax refunds.  One of the biggest tax breaks for homeowners in America is the mortgage interest deduction.  Homeowners can claim this deduction on their main home and even on a second home.  Interest from a purchase money mortgage, second mortgage, line of credit and home equity loan may all qualify for the tax deduction.

Read the full story at “5 States Where Residents Claim the Highest Mortgage Interest Deductions.”

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