06-20-2015, 01:43 PM
(06-20-2015, 01:33 PM)michaelsean Wrote: No you don't. My mortgage is $150,000. Since you itemize that you itemize all your other taxes, and you come out ahead. You will cost middle class home owners money.
The standard deduction for a married couple is about $13K. The interest on your mortgage should not even be half of that.