Interest
Some kinds of interest are tax deductible, while others are not. Check below for some types of interest that are deductible but easily overlooked.
Deduction Ideas
If you bought or sold property this year you may need to adjust interest expense to reflect prorations:
Did you refinance a home? Don't forget to write off the old unamortized points:
If you refinanced a home mortgage, you can amortize the points:
Interest paid on brokerage margin loans, other loans to buy stock (if you have investment income):
Student loan interest up to $2,500 in 2001:
Other:
Total:
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