is this true-- tax related

[Mr Mirchi]

A taxpayer filing a US tax return can claim mortgage interest and property taxes as itemized deductions on their first or second home, regardless of the country in which that home is located.

 

turbotax site numdi

[Ravi860]

8 minutes ago, Mr Mirchi said:

A taxpayer filing a US tax return can claim mortgage interest and property taxes as itemized deductions on their first or second home, regardless of the country in which that home is located.

 

turbotax site numdi

Primary home meedha yes..

property tax only 10k limit.

Mortgage interest meedha upto 750k

Not sure about secondary homes 

[Mr Mirchi]

2 minutes ago, Ravi860 said:

Primary home meedha yes.. property tax only 10k limit. Not sure about secondary homes 

10k limit ante

[Ravi860]

Just now, Mr Mirchi said:

10k limit ante

Deductible 

[Mr Mirchi]

https://ttlc.intuit.com/community/tax-credits-deductions/discussion/i-live-in-us-and-bought-an-apartment-in-india-i-file-taxes-both-in-india-and-us-can-i-claim-tax/00/150857

 

[paaparao]

28 minutes ago, Mr Mirchi said:

A taxpayer filing a US tax return can claim mortgage interest and property taxes as itemized deductions on their first or second home, regardless of the country in which that home is located.

 

turbotax site numdi

itemized deductions more than $25k (including mortgage interest) then you can use itemized. 

[Samajavaragamanaa]

1 hour ago, Mr Mirchi said:

A taxpayer filing a US tax return can claim mortgage interest and property taxes as itemized deductions on their first or second home, regardless of the country in which that home is located.

 

turbotax site numdi

Yea doing this from 2012 -🤔anna

[Galactus]

yes, but standardized deduction kante more ante nuvvu high interest mortgage aithe work avutundi due to lot of interest you paid and if you live in states where prop taxes are more like Texas it also helps as they could surpass standardized deductions along with other things considered and you can then itemize them

[jpismahatma]

7 hours ago, Samajavaragamanaa said:

Yea doing this from 2012 -🤔anna

Entha kaduthunnavu anna from 2012 ? 
 

 

[Samajavaragamanaa]

2 hours ago, jpismahatma said:

Entha kaduthunnavu anna from 2012 ? 
 

 

Only $2200 for 15 year will b laid off soon

[jpismahatma]

23 minutes ago, Samajavaragamanaa said:

Only $2200 for 15 year will b laid off soon

 

Sorry to hear anna. Hope you get job soon.

nenu anadhi tax. entha kadthavu as you had multiple homes? from 2012

 

 

 

 

[Samajavaragamanaa]

1 hour ago, jpismahatma said:

 

Sorry to hear anna. Hope you get job soon.

nenu anadhi tax. entha kadthavu as you had multiple homes? from 2012

 

 

 

 

Why I tell you ra