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Question
Can people deduct mortgage interest on federal income tax returns?
AI accountant’s answer:

Absolutely! If you're able to itemize your deductions — meaning, you are not claiming the standard deduction — you can claim mortgage interest.

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Answer

Absolutely! If you're able to itemize your deductions — meaning, you are not claiming the standard deduction — you can claim mortgage interest.

No answer given yet!

Keeper Staff

Keeper is a delightfully smart tax filing software that's especially useful for people with 1099 contracting and freelance income. Our blog breaks down IRS guidance with real-world examples and analysis by tax professionals — empowering taxpayers to save money and take control of their finances.

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