Just because you work from home doesn't mean you can deduct a home office on your taxes. Here's how to qualify for the ...

The standard deduction nearly doubled as a result of the Tax Cuts and Jobs Act, which went into effect in 2018. For taxes ...

"The mortgage interest tax deduction is a [tax benefit that] allows you to subtract the interest paid on your home loan from ...

So are these HOA fees deductible on taxes? It depends. If you buy a property as your primary residence and are responsible for paying HOA fees on a monthly, quarterly, or yearly basis, those fees are ...

One important consideration: Interest deductions are allowed on up to $750,000 of home loan debt, including first and second mortgages. If you are married and file your taxes separately ...

A nonrefundable credit can reduce your tax liability to zero but not below that. Refundable credits can reduce your liability ...

Self-employed: If you're self-employed and use your home office exclusively and regularly for that work, you may be able to deduct from your federal taxes a portion of home-related expenses ...