4 ms·
Fine, but then it's only helping to the extent that the taxpayer is over the standard deduction. If their mortgage interest was $1000, but they end up just $1 o
by breischl 10y ago
Fine, but then it's only helping to the extent that the taxpayer is over the standard deduction. If their mortgage interest was $1000, but they end up just $1 over the standard deduction then technically it helped - but only by 15 cents (depending on their marginal rate).