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Money and Finances
Reply to "Mortgage Interest Tax Deducation"
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[quote=Anonymous]Depends on where you live. If the account is in your name only and not considered community property under your state laws, then only you can take the deduction. If the account is jointly owned or considered community property, then you would each take half. Same for property taxes. Will you have enough in deductions to itemize under the new tax bill?[/quote]
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