I work in US, but my family is in Canada, and we bought house in Canada (no house in US). Wonder whether the mortgage interest paid in 2008 is tax deductible. Thanks.
Sorry, I forgot to mention the question is about the deduction in US income tax return.
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| Publication 936 (2009), Home Mortgage Interest Deduction You can deduct home mortgage interest if all the following conditions are met. ... In most cases, you can deduct all of your home mortgage interest. ... www.irs.gov/publications/p936/ | |
| TurboTax® - Deducting Mortgage Interest FAQs If you itemize, you can usually deduct the interest you pay on a mortgage for your main home or a second home, but there are some restrictions. ... turbotax.intuit.com/tax-tools/... | |
| Two mortgages can be deducted if they meet the qualifications. Home mortgage interest is an itemized tax deduction on Schedule A of Form 1040. There are various conditions and limits that apply to deducting mortgage interest. ... bankrate.com/finance/taxes/ | |
| How to Deduct Mortgage Interest - wikiHow wikiHow article about How to Deduct Mortgage Interest. ... For the purposes of a tax deduction, mortgage interest includes the interest and points on a primary residence. ... www.wikihow.com/ | |
| Home Mortgage Interest Deduction - Claiming Mortgage Interest ... Taxpayers paying mortgage interest should fill out Schedule A to see if their itemized ... You can only deduct interest paid on your main home and a second home. ... taxes.about.com/od/ | |
| How to Deduct Home Mortgage Loan Interest | eHow.com Home mortgage loan interest can be deducted from your income and significantly reduce your taxes. Mortgage interest on a second home can also be deducted. ... www.ehow.com/ | |
| Homeowner Tax Tips - Quicken Loans ... tax advisor in leveraging all that your mortgage home loan has to offer on your tax ... You are allowed to deduct interest on multiple mortgages, as long as they add up to less ... quickenloans.com/home-buying/... | |
| Can I deduct mortgage interest? Can I deduct mortgage interest and points on my tax return? ... Interest and closing points are deductible on Form 1040 Schedule A, Itemized Deductions. ... www.bankrate.com/brm/news/ | |
| Deducting Mortgage Interest - Kiplinger My son and his girlfriend purchased a home together. They will each be filing tax returns as single taxpayers.To claim the mortgage interest deduction, is it ... www.kiplinger.com/columns/ | |
| How to Deduct Mortgage Interest | eHow.com The IRS allows you to deduct the mortgage interest you paid over the... The IRS allows you to deduct the mortgage interest you paid over the course of the ... www.ehow.com/ | |
