Tax Benefits: Home Mortgage Interest Deduction for Unmarried Couples

Tax Benefits: Home Mortgage Interest Deduction for Unmarried Couples

Date: September 23, 2015

The Ninth U.S. Circuit Court of Appeals recently ruled that unmarried individuals who purchased a home together are eligible to a home mortgage interest deduction for up to $1.1 million in debt each. This decision reversed a previous tax court decision that stated unmarried individuals were subject to the same $1.1 million limitation as married […]

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