Do you have supporting forms and receipts in hand? Here's what to know about tax-filing season for Arizona and federal ...

"Homeowners are still obligated to pay their mortgage unless they receive specific relief from their lender. Mortgage ...

The form also reports your mortgage balance, any mortgage insurance ... those who recently borrowed are more likely to be able to deduct their mortgage interest, explains Beatriz Acosta, an Oregon tax ...

A large amount to borrow from. The average home equity amount is currently $320,000. And while most lenders will require you ...

Different tax rules apply to the mortgage interest deduction depending on whether ... "Instructions for Form 8582 (2024)." Internal Revenue Service. “With new SALT limit, IRS explains tax ...

Gov. Gavin Newsom has made it easier to rebuild a home after a wildfire by signing orders to speed up permits and control the ...

Before filing an itemized return to claim the home equity loan interest tax deduction, make sure you have these documents handy: IRS Form 1098: This form details the mortgage interest you’ve ...

Tax Form 1098 tells the IRS how much mortgage interest you paid last year. You may be able to deduct this amount on your Schedule A. Not all mortgage interest is tax deductible. If you have a ...

In the early 2000s, homebuyers gave in to the instant gratification of mortgages that allowed them to make interest-only ...

Lenders must file Form 1098, Mortgage Interest Statement, for each borrower who paid $600 or more in interest or mortgage points during the tax year. Use this form to report your interest payments ...

You may be able to deduct your health insurance premiums if you are self-employed and buy your own health insurance. Find out if you're eligible.