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Legislation
» Internal Revenue Service Clears Up Confusion On Deducting Home-Equity Loan Interest
Internal Revenue Service Clears Up Confusion On Deducting Home-Equity Loan Interest
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Legislation
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The Internal Revenue Service said that interest payments on home-equity loans can still be deductible under the Tax Cuts and Jobs Act that went into effect at the end of 2017 if it’s used for home improvements.