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I brought a home in 06, what can I claim on my income taxes?


I brought a home in 06, what can I claim on my income taxes?

www.irs.gov

Your mortgage company will give you a statement of all interest paid in 2006.

You may also deduct the points paid - so you need your closing statement, and the instructions on how to do this are in the
instructions - under home interest and points at the
www.IRS.org
site.

Then real estate & other county taxes paid (check your closing statement) are deductible on your itemized schedule.

GOD bless us, always.
the only thing you claim on your income tax from house expenses are your property taxes unless you run your business out of the home then you can right off pretty much everything but only at percentages!
mortgage interest and property taxes. of course you have to itemize deductions to claim them.
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