Mortgage interest
Varies
Can I Write Off Mortgage Interest?
Short answer: Yes, if you itemize: interest on up to $750,000 of mortgage debt on your main and second home is deductible.
Loans from before December 16, 2017 keep the old $1 million limit.
Records to keep: Keep receipts, statements (1098, 1098-T, 1099, W-2G), and a note of what each cost was for. Compare itemizing to the 2026 standard deduction before you claim.
BW-B22-00110
medium risk
Mortgage interest
Varies
Individuals / Personal Taxes
Other Expenses
Personal Tax Deductions
Yes, if you itemize: interest on up to $750,000 of mortgage debt on your main and second home is deductible.
BizWriteOffs provides educational information only and is not tax, legal, or accounting advice. Deductibility depends on your specific facts and records. Consult a qualified tax professional.
Business justification
Yes, if you itemize: interest on up to $750,000 of mortgage debt on your main and second home is deductible. Loans from before December 16, 2017 keep the old $1 million limit.
Category
- Personal Tax Deductions
personal deduction
search demand 2026
home mortgage
mortgage interest