a********h
发帖数: 819 | 1 A tricky one:
For the first half of the year, the home owner mortgage was 0.5M
And the 2nd half of the year, owner moved to a new house with mortgage 1.5M.
How to determine the mortgage interest that's tax deductible for the year
since part of the year the mortgage balance was over the limit of 1.1M??
Thanks much |
T****L
发帖数: 1203 | 2 年末两个lender都会给你发Form 1098，上面有各自可以deduct的mortgage interest，
把两个加总就可以了
5M.
【在 a********h 的大作中提到】
: A tricky one:
: For the first half of the year, the home owner mortgage was 0.5M
: And the 2nd half of the year, owner moved to a new house with mortgage 1.5M.
: How to determine the mortgage interest that's tax deductible for the year
: since part of the year the mortgage balance was over the limit of 1.1M??
: Thanks much
|
a********h
发帖数: 819 | 3 But I thought that would be the total interest,
so I was wondering how to calculate against the 1.1M upper limit when have
half a year with 0.5M and half a year with 1.5M loan balance.
Thanks.
【在 T****L 的大作中提到】
: 年末两个lender都会给你发Form 1098，上面有各自可以deduct的mortgage interest，
: 把两个加总就可以了
:
: 5M.
|
T****L
发帖数: 1203 | 4 也可以login 到你的online account里面有payment history可以参考，非常一目了然:)
【在 a********h 的大作中提到】
: But I thought that would be the total interest,
: so I was wondering how to calculate against the 1.1M upper limit when have
: half a year with 0.5M and half a year with 1.5M loan balance.
: Thanks.
|
