Quote:
Originally Posted by polishmafia
This will be my first year that I can claim mortgage interest. I don't know what to expect.
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You can do a rough guess. You probably know about what you owe on your house. Take that and times it by your interest rate and that will be close to what you paid in interest on your mortgage this year. If you haven't lived in your house for the whole year, you have to come up with a percentage. Then figure you'll get 25-33% of that money back. (depending on your tax bracket)
later,
Curt
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