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 Tax question - mortgage interest
Posted by Roadie_MD on 3/29/22 1:33pm

Hi all, doing my taxes on the TaxAct software and something new came up. Under business expenses the software asked the total of mortgage interest paid. It deducted the total as a business expense. This is the first time I remember this being deducted. Is this something new?

I do my own taxes and I try to keep everything simple-- cash accounting, don't deduct for business use of my home, etc.
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