tax deductions

By DAVE HEISTEIN Dealing with homeowner tax deductions can seem tough, but it’s key to making the most of your home financially. In this article, we’ll make taxes easier for you to understand. From breaking down various tax deductions to highlighting tax considerations for home improvements, we’re here to simplify these complex topics.  Understanding Homeowner Tax Deductions As a homeowner, you’re entitled to several tax deductions that can help you save money. Let’s break down five key tax deductions. Mortgage interest deduction: This allows you to deduct the interest paid on mortgage debt up to $750,000 ($375,000 if filing separately). To claim this, you need to itemize your deductions on Schedule A (Form 1040). It’s important to compare your itemized…