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2. Mortgage interest deduction: What it is and what qualifies - AOL

   www.aol.com/finance/mortgage-interest-deduction...

   The deduction doesn’t apply to the mortgage principal, nor the down payment or mortgage insurance premiums (after tax year 2021). Most buyer’s closing costs don’t count either, except for ...

3. I paid a six-figure tax bill this year and I’m fed up - AOL

   www.aol.com/finance/paid-six-figure-tax-bill...

   In the tax agency’s own words, “deductible expenses for business use of your home include the business portion of real estate taxes, mortgage interest, rent, casualty losses, utilities ...

4. Can I Deduct Rent on My Taxes? - AOL

   www.aol.com/deduct-rent-taxes-150852292.html

   Taxpayers cannot deduct residential rent payments on your federal income taxes. But depending on where you live, you might be able to deduct a portion of rent from your state income taxes. Laws ...

5. Home mortgage interest deduction - Wikipedia

   en.wikipedia.org/wiki/Home_mortgage_interest...

   Canadian federal income tax does not allow a deduction from taxable income for interest on loans secured by the taxpayer's personal residence, but landlords who own rental residential or commercial property may deduct mortgage interest as a reasonable business expense; the difference between the two being that the deduction is only allowed when ...

6. Internal Revenue Code section 162(a) - Wikipedia

   en.wikipedia.org/wiki/Internal_Revenue_Code...

   t. e. Section 162 (a) of the Internal Revenue Code (26 U.S.C. § 162 (a)), is part of United States taxation law. It concerns deductions for business expenses. It is one of the most important provisions in the Code, because it is the most widely used authority for deductions. [1] If an expense is not deductible, then Congress considers the cost ...

7. Are Medicare Premiums Taxable? - Healthline

   www.healthline.com/health/medicare/is-the...

   Takeaway. Many health insurance premiums are tax-deductible, including the ones you pay for Medicare. Premiums are one of the many medical expenses the IRS allows you to deduct from your yearly ...