Mortgage Deduction Limit 2025

Mortgage Deduction Limit 2025. The tax cuts and jobs act (tcja) is scheduled to sunset december 31, 2025. For tax years 2018 and onward through the year 2025, however, the limit on mortgage loans whose interest can be deducted is $750,000 ($375,000 for married taxpayers.


Mortgage Deduction Limit 2025

Tcja limited the mortgage interest deduction to the first $750,000 on loans taken out after 2017. The tcja also prohibits deducting interest from home equity debt for the same tax years.

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