Friday, February 12, 2010

Resolved Question: Are "payments applied to previously deferred interest" tax deductible?

I hit an choice ARM mortgage. My peak commercialism is higher than my welfare rate, so assets of my payments paying soured the delayed welfare I incurred in the time pair of years. My 1098 looks same this: Total welfare received in 2009: $13,000 PLUS: payments practical to previously delayed interest: $5,700 Is the whole turn set deductible, or meet $13,000?

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