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Tax credit vs. tax deduction: What's the difference and which is better?
Yahoo Personal Finance· 4 months agoSaving money by lowering your tax bill is one of the more satisfying endeavors of adulting. But...
Is private mortgage insurance (PMI) tax-deductible?
Bankrate via AOL· 1 week agoKey takeaways The mortgage insurance (PMI) deduction expired after the 2021 tax year. For eligible years, PMI was deductible only if you itemized your...
Standard deduction vs. itemized: How to decide which tax filing approach is right
Yahoo Personal Finance· 4 months agoLike many taxpayers, you might struggle with this choice every tax season: take the standard...
Tax tips for homeowners 2022: Tax credits and breaks
Yahoo Finance· 1 year agoHomeownership comes with a lot of financial responsibility and a never-ending list of home improvement projects. But for anyone who pays a mortgage, the...
10 Tax Breaks Every Filer Should Know About
GOBankingRates via Yahoo Finance· 1 year agoTax season is here and it's time to file your tax return for 2023. The end of January should have marked the beginning of your W2s and 1099s being sent...
Temporary Tax Plan Could Boost Your Standard Deduction By Up to $4,000
SmartAsset via Yahoo Finance· 5 months agoA House panel has passed a bill that would temporarily expand the standard tax deduction used by the...
Tax Deductions & Credits Homeowners Should Know About
SmartAsset via Yahoo Finance· 1 year agoOwning a home can offer some unique financial benefits, including appreciation and a potentially...
5 Tax Deductions That Could Bring In an Extra $1,000 On This Year’s Tax Return
GOBankingRates via Yahoo Finance· 2 months agoWith Tax Day now in sight, the stragglers who still haven't filed their returns should be looking...
4 Wild Tax Breaks That People Have Actually Gotten Away With
Motley Fool· 1 year agoImage source: Getty Images There are a lot of gray areas in the U.S. tax code. For example, what...
Can I Deduct Mortgage Points on My Taxes?
SmartAsset via AOL· 3 months agoPurchasing mortgage points allows you to "buy down" the interest rate on a home loan. Doing so may result in a lower monthly mortgage payment and save...