eTax.com Advises on Tax Write-Offs for Homeowners
If you purchased a home in the past year, 2013 may be the first tax year in which you itemize your deductions instead of claiming the standard deduction. “Not only will you be able to deduct the amount you paid in interest on your mortgage, but when you itemize you will also be able to claim state taxes, charitable donations, home improvements, and energy credits, among other things.” explained Paul Stanley of eTax.com
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