Virginia Gardner

IRS Deductions

Take the Standard Deduction & the Home

Smiling mother, child and father

About the Standard Deduction and Home Finances

Now that the standard deduction is increased to $12,200 for single taxpayers and $24,400 for married ones, many homeowners are better off with the standard deduction than itemizing their deductions to write off their mortgage interest and property taxes. There was some speculation that without [...]

Take the Standard Deduction & the Home

Smiling mother, child and father

About the Standard Deduction and Home Finances

Now that the standard deduction is increased to $12,200 for single taxpayers and $24,400 for married ones, many homeowners are better off with the standard deduction than itemizing their deductions to write off their mortgage interest and property taxes. There was some speculation that without [...]

Take the Standard Deduction & the Home

Smiling mother, child and father

About the Standard Deduction and Home Finances

Now that the standard deduction is increased to $12,200 for single taxpayers and $24,400 for married ones, many homeowners are better off with the standard deduction than itemizing their deductions to write off their mortgage interest and property taxes. There was some speculation that without [...]