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Tag Archives: mortgage interest

Tax

When Can You Claim Mortgage Interest Benefit?

Posted on May 22, 2020January 9, 2023 by Tom Asaam
22
May

Under the Income Tax Act of 2015, an individual who has a mortgage can deduct interest paid during the year in calculating his taxes. When do you get the mortgage interest benefit? Do you get the benefit at the time you file your annual tax returns, or do you get it as you pay income […]

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Posted in Tax  |  Tagged income tax concession, mortgage, mortgage interest, tax

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