Can I Deduct My Mortgage-Related Expenses?

This interview will help you determine if you’re able to deduct amounts you paid for mortgage interest, points, mortgage insurance premiums, and other mortgage-related expenses.

Information You’ll Need

Your and your spouse’s filing status. Basic income information including amounts of your income.An estimated total (if applicable) of the amounts paid for mortgage interest, points, and/or mortgage insurance premiums (normally reported to you on Form 1098).

The tool is designed for taxpayers that were U.S. citizens or resident aliens for the entire tax year for which they’re inquiring. If married, the spouse must also have been a U.S. citizen or resident alien for the entire tax year. For information regarding nonresidents or dual-status aliens, please see International Taxpayers.

If you need additional help, please contact AMC Tax Services at 408.258.2200

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