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What Is the Mortgage Interest Deduction?
  + stars: | 2023-10-15 | by ( Aly J. Yale | ) www.wsj.com   time to read: +11 min
That’s thanks to the Home Mortgage Interest Deduction, which lets you write off the interest you pay on your mortgage loan throughout the year. What is the mortgage interest deduction? The mortgage interest deduction is a type of itemized tax deduction that has been around in some form since a federal income tax was introduced in 1913. Mortgage pointsMortgage points—an upfront fee you can pay at closing to lower your interest rate—are another form of mortgage interest, just prepaid. Whether you should take the mortgage interest deduction comes down to the age-old question of itemizing vs. using the standard deduction.
Persons: Aly J, you’re, won’t, , Paul T, Joseph, Joseph & Joseph, We’ll, , Aaron Cirksena, “ You’re, ” Cirksena, Jan Organizations: Yale, Home, Joseph &, Joseph & Joseph Tax, MDRN, IRS, Locations: Williamston, Mich, California, Annapolis, Md,
Alongside cheese and charcuterie, he almost always includes a platter of figs interspersed with dozens of loose Marlboro Golds. The Charlotte, N.C.-based artist grew up among the tobacco farms of Williamston, where their grandmother worked in the fields. “Seeing my grandmother die and not being compensated in any way showed me how disposable people are to Big Tobacco. “I think my generation can relate more to addiction to the phone than addiction to tobacco,” they say. To me, cigarettes represent how we treat both things and people now.”Set design by Yolande Gagnier.
Persons: Daniel E, Soares, , Alma Berrow, ” Nicholson, Yolande Gagnier, Christopher T, Linn, Brendan Galvin Organizations: Marlboro, Tobacco Locations: York, British, Charlotte, N.C, Williamston
GAFFNEY, S.C. — Baseball Hall of Famer and two-time Cy Young Award winner Gaylord Perry, a master of the spitball who wrote a book about using pitch, died Thursday. Gaylord Perry of the Atlanta Braves signing autographs prior to a season game at Fulton County Stadium in August 1981 in Atlanta. Baseball Hall of Famer Gaylord Perry greets fans at the All-Star FanFest in Washington on July 14, 2018. Perry was ejected from a game just once for doctoring a baseball — when he was with Seattle in August 1982. After his career, Perry founded the baseball program at Limestone College in Gaffney and was its coach for the first three years.
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