Savings on state taxes for mortgage insurance payments?

Posted by on November 4, 2009

I know that you can use itemized deductions on federal taxes, for the mortgage insurance paid, and property taxes paid.

1. Are there any other itemized deductions which can be claimed on federal forms?

2. Are there any deductions that I can claim on State forms?

Thanks.
I am considering moving to either Maryland or Virginia.

Depends on what state you are in. Some states don’t allow any deductions, even the items you can deduct for federal.

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2 Comments.

  1. Judy November 4, 2009 at 1:23 pm

    Depends on what state you are in. Some states don’t allow any deductions, even the items you can deduct for federal.
    References :

  2. DANIEL B November 4, 2009 at 1:32 pm

    Under your condition,I propose visit here http://www.InsuranceFreeTip.info/insurance-for-free.htm to get some ideas.

    References :