Projects that increase your home's value are typically eligible for a tax exclusion — but most repairs are not.

“The benefits of the deduction go primarily to high-income taxpayers because high-income taxpayers tend to itemize more often ...

According to the National Centers for Environmental Information, 403 weather and climate disasters that cost at least $1 ...

The VITA program, which the IRS administers, began after the Tax Reform Act of 1969 and provides free tax filing assistance ...

The mortgage tax break is one of the most common. It enables you to deduct the home mortgage interest on the first $750,000 ...

Plus: Trump tariffs, beneficial ownership information (BOI) reporting, Earned Income Tax Credit, student loan interest ...

One of the following IRS criteria must be met for home office ... the real estate property tax can be deducted. If the above tax deduction methods are too taxing for your math or record-keeping ...

If you're searching for tax deductions as a homeowner ... improvements to a property as those that meet one of three criteria: Adds long-lasting value to your home Meaningfully extends your ...

However, if you're a remote worker filing your taxes, you still might not be able to claim the home office deduction. The ...

Budget 2025 increases rebate, no tax liability up to ₹12 lakh; answers on rebate, exemptions, deductions in income tax.

You must meet all of the following criteria to be eligible for the student loan interest deduction. You paid interest on a qualified student loan during the tax year. You’re obligated by law to ...