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The standard deduction for California did not change, unlike the temporary change on the federal side enacted for 8 years beginning with 2018. Also CA did not
by PopAlongKid 5y ago
The standard deduction for California did not change, unlike the temporary change on the federal side enacted for 8 years beginning with 2018. Also CA did not change the limits on the amount and type of loan interest that is deductible.
Since California by many measures is large enough to equate to a "country", It would be fair to add it to the list of places where primary residence (and a second home too) mortgage interest is largely deductible.