Home Ownership Tax Tips

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Energy Tax Credit: Which Home Improvements Qualify?
Taxpayers who upgrade their homes to improve energy efficiency or make use of renewable energy may be eligible for tax credits to offset some of the costs. As of the 2017 tax year, the federal government offers two such credits: the Residential Energy Efficiency Property Credit and the Nonbusiness Energy Property Credit. The credits are good through 2017, except for the solar credits which are good through 2019 and then are reduced each year through the end of 2021. Claim the credits by filing Form 5695 with your tax return. Read more…

Buying Your First Home
Buying your first home is a huge step, but tax deductions available to you as a homeowner can reduce your tax bill. Read more…

Video: Home Repairs and Tax Deductions
You can claim tax deductions on certain types of repairs you make to your home throughout the year. Learn about home repairs and tax deductions with help from TurboTax in this video clip. Read more…

Video: Deducting Mortgage Interest and Property Tax
If you itemize your deductions on Schedule A of your 1040, you can deduct the mortgage interest and property taxes you've paid. Read more…

About Tax Deductions for a Mortgage
You can deduct the interest that you pay on your mortgage loan if the loan meets IRS mortgage requirements. Read more…


More Home Ownership Articles

What Are Personal Property Taxes? How to Estimate Property Taxes Mortgage Refinance Tax Deductions Video: Tax Deductions When Buying or Selling a Home Real Estate Tax Tips: Owning Property as a Tenancy in Common Federal Tax Deductions for Home Renovation Real Estate Tax Tips for the Owner of Record Tax Breaks and Home Ownership Home Foreclosure: What's Your Tax Liability? What are the Tax Implications of Involuntary Conversions? Video: Tax Tips for Paying Property Taxes Online Deducting Mortgage Interest FAQs How Short Sales and Foreclosures Affect Your Taxes Guide to 1098 Tax Forms How to Deduct Mortgage Points on Your Tax Return Tax Tips for Foreclosures Can You Claim a Boat or RV as a Primary Residence? Video: Can We File Two Primary Residences if Filing a Joint Tax Return? Tax Law for Selling Real Estate Video: Guide to Short Sales, Foreclosures and Your Taxes Tax Tips for Short Sales What Are Home Renovation Tax Credits? Are Home Interest Loans Deductible From Taxes? Home Ownership Tax Deductions Claiming Property Taxes on Your Tax Return Buying a Second Home—Tax Tips for Homeowners What is IRS Form 8859: Carryforward of D.C. First-Time Homebuyer Credit Tax Aspects of Home Ownership: Selling a Home How to Avoid Taxes on Canceled Mortgage Debt Video: Learn about the First-Time Homebuyer's Credit Homebuyer Tax Credit: 7 Surprising Facts 10 Energy-Related Home Improvements You Can Make Today Home Improvements and Your Taxes Taking the First-Time Homebuyer Credit Conserve Energy, Save Money with Larger Credits Unmarried First-Time Homebuyers: Who Gets the Credit for a 2010 Purchase? Deducting Health Insurance Premiums If You're Self-Employed Video: The 2010 Energy Tax Credit Video: What Are Energy Tax Credits? Video: Federal Tax Credit for Solar Energy What Are Energy Tax Credits? Federal Tax Credit for Solar Energy Video: Federal Tax Deductions for Home Renovation What Is the IRS Form 5405? Paying Property Taxes Online Tax Deductions for Rental Property Depreciation Tax Deductions for Conservation Easements of Property Video: Renting vs Buying a Home: Tax Breaks You Should Know

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